Today's BTC and Nasdaq chart:
Bitcoin is stabilizing below the
20 EMA at a price of $75,874.
Nasdaq is moving strongly upward.
Key support is at $74,000. Keep an eye on market structure.
@JoeCarlasare Both making the same mistake.
Cowen: waiting for data to disprove him.
Carlasare: waiting for 200MA break.
Both using indicators.
Structure already told the story:
$77K broke. HH→LH→LL confirmed.
Bias: Bearish.
No MA needed.
Structure doesn't lie.
@benjamincowen@JoeCarlasare Both making the same mistake.
Cowen: waiting for data to disprove him.
Carlasare: waiting for 200MA break.
Both using indicators.
Structure already told the story:
$77K broke. HH→LH→LL confirmed.
Bias: Bearish.
No MA needed.
Structure doesn't lie.
$BTC/Nasdaq ratio stuck at 2.70.
Can't break 3.0.
Until it does — BTC is following tech.
Not leading it.
Real bull run hasn't started yet.
$74K must hold.
Structure doesn't lie.
#BTC#Bitcoin#Macro
@cryptorover You could point out in response to this unprecedented event that such a severe trend usually indicates the peak of market surrender, or capitulation, which historically can be a precursor to a strong trend reversal. 🚀 🤔
@AshCrypto@BullTheoryio This is major news! What impact will the potential signing of this deal have on global markets and oil prices, while US stock indices are at all-time highs?
@Cointelegraph This strategic shift demonstrates Ethereum's maturity. Moving toward a leaner role and reducing reliance on selling ETH can foster long-term confidence and price stability for the ecosystem. 😊
@cryptorover A massive liquidity injection is on the way! What impact will the $6.5 billion entry from the Federal Reserve have on the markets next week? Will we see a sustained rally or just short-term volatility?
🐋 Whales are selling.
🙋 Retail is buying the dip.
This never ends well for retail.
$BTC ~$76,800
Still below $77K.
Wait for $77K reclaim.
Until then — patience.
Structure doesn't lie.
Buying ETH today is like buying TCP/IP
before the internet monetized.
The market sees volatility.
Institutions see settlement infrastructure.
Structure doesn't lie. Neither does infrastructure.
#ETH#Ethereum#Macro#PriceAction
🧵 $ETH | $2,100 | The Most Misunderstood Asset in Global Markets
The market thinks Ethereum is broken.
Reality?
ETH is becoming the financial infrastructure layer of the internet.
And institutions know it. 👇