#Bitcoin $100K futures target achieved! ๐ฅ
My confluences are shown in the chart,
and I shared insight last October about why I entered this trade.
Note: This is for futures, and I'm still holding some Bitcoin in spot trading.
Follow @CryptoBusy for more alpha this bull run! ๐
#Bitcoin Open Position: Target is $100,000
๐ฏ Last Month: Called the MACD Bullish Cross
๐ Result: +30% BTC Move
๐ Now: We're in PRICE DISCOVERY
When there's no ceiling above us, there's no limit to what's possible. $BTC
solana:So11111111111111111111111111111111111111112 is still in a larger downtrend, but it's starting to show early signs of stabilization.
Bull case ๐ข
- solana:So11111111111111111111111111111111111111112 has held the higher low around the $60โ62 area after the June selloff.
- Price bounced strongly from support and reclaimed the mid-range.
- Even after the rally, sellers haven't pushed it back to the lows, suggesting buyers are defending the area.
- A daily close above the descending trendline ($76โ78) would confirm a breakout and could open the door toward $85โ90.
Bull trigger: Break and hold above the downtrend resistance.
Bear case ๐ด
- The long-term trend is still bearish until that trendline is broken.
- Price is currently sitting right below resistance, where previous rallies have failed.
- If solana:So11111111111111111111111111111111111111112 gets rejected here, a move back toward $68โ70 is likely.
- Losing the $60 - 62 support would invalidate the higher-low structure and increase the risk of another leg lower.
Bear trigger: Rejection at the trendline followed by a break below $60.
My bias
Slightly bullish (60/40).
The higher low is encouraging, but the chart hasn't confirmed a trend reversal yet. The descending trendline is the key level.
Long positions are increasing on Bybit! ๐จ
The $BTC Taker Buy/Sell Ratio has climbed to 20.86, showing traders are aggressively buying.
Heavy long positioning can support momentum, but it also raises the risk of increased volatility if sentiment shifts.
A Strong Launch Does Not Guarantee a Strong Market.
A token launch can create attention, early trading activity and an initial price.
But those signals do not tell us whether the market will remain healthy once the first wave of activity fades.
A functioning token market needs more:
- Executable liquidity at realistic trade sizes
- Continued participation beyond the launch window
- Transparent supply and distribution
- Orderly two-way trading
- Infrastructure that can adapt as conditions change
A token may record significant volume in its first few hours and still struggle to build a durable market.
That is why launch-day metrics should be treated as the beginning of the assessment, not the conclusion.
The more useful questions are:
How much liquidity is genuinely available?
How concentrated is ownership?
Does participation continue after incentives and launch attention decline?
Can the market absorb normal buying and selling without excessive price impact?
At @triremetrading , we believe strong token markets are not created by one listing, one campaign or one liquidity event.
They are built through coordinated decisions across token design, distribution, liquidity, treasury management, venue strategy and communications.
A launch creates momentum. Market structure determines what happens next.
What do you consider the clearest sign of a healthy token market?
#Bitcoin #Ethereum #MarketMaking #RobinhoodChain
Today's market is mostly in the red, but the bigger picture hasn't changed.
Bitcoin's current drawdown is still much smaller than previous bear markets.
Short-term price moves grab attention. Liquidity, capital flows, and participation will determine where the market goes next.
Missed the week? Here are the biggest crypto stories that mattered from @okx
$BTC $ETH $XRP
Bitcoinโs current decline has been smaller than in previous major bear markets.
That is useful context, but it does not confirm that the market reset is complete.
Price drawdown alone cannot show whether selling pressure has cleared, participation is returning or liquidity is improving.
At @triremetrading , we look beyond the headline decline to the wider market structure: liquidity, positioning, capital flows and the quality of participation.
A smaller decline does not necessarily mean the cycle is finished.
What matters next for bitcoin:native
- Liquidity
- Participation
- Positioning
- Capital flows
- Catalyst
Source: @glassnode
Historical comparison for informational purposes only; not a forecast or trading signal.
Options expiry could increase market volatility! ๐จ
More than $10.5 billion in $BTC and $ETH options are set to expire on Deribit.
Large options expiries often lead to higher price swings as traders adjust their positions.
$BNB is showing one of the cleaner breakouts today! ๐จ
Price has reclaimed the triangle resistance and is now trying to turn it into support.
Holding this level could open the door for another leg higher.
$BNB remains in consolidation! ๐จ
After weeks of consolidation, $BNB is attempting to break out of its current range.
A successful breakout could signal a shift in momentum and open the door for a stronger recovery.
WEEKLY MARKET RECAP! ๐จ
Crypto markets ended the week caught between softer inflation data, a still-restrictive Federal Reserve and continued geopolitical uncertainty.
The result was not a decisive directional move. Instead, the available data points to cautious positioning, selective speculative rotation and limited conviction across the major assets.
1. Macro: softer inflation did not produce a dovish Fed
The Federal Reserve kept its target range at 3.50% -3.75%. Three policymakers reportedly preferred a 25-basis-point increase, reinforcing the marketโs interpretation of the decision as a relatively hawkish hold.
June headline PCE declined 0.1% month on month and slowed from 4.1% to 3.7% year on year. Core PCE rose 0.1% on the month and 3.3% over the year. The improvement offered some inflation relief, but renewed energy-price pressure and Middle East tensions continue to complicate the policy outlook.
2. US regulation: the near-term #CLARITY catalyst weakened
The US Senate deferred work on the crypto market-structure legislation while prioritising nominations and Russia-related sanctions. The bill could receive preliminary attention before or after the summer recess, but its timetable remains uncertain.
3. Major assets: range-bound $BTC, weaker $ETH
At the time of review, Bitcoin traded at approximately $63,754, with an intraday range of roughly $63,559โ$65,266. Ether traded at approximately $1,625.
Rather than assigning predictive support or resistance levels, the more useful observation is that neither asset displayed a decisive expansion in participation during the period reviewed.
4. Stablecoin liquidity remained broadly flat
@DefiLlama showed total stablecoin market cap at approximately $309.9 billion, with little net change over seven days.
USDT represented about 59.3% of supply at $183.9 billion, while USDC stood at approximately $73.7 billion
5. Sentiment remained defensive
The Crypto Fear & Greed Index stood at 26 - Fear, compared with 27 the previous day and 28 one week earlier. The index is a simplified sentiment indicator and should not be treated as a timing tool.
6. Institutional infrastructure continued to advance
The BISโs Project Agorรก demonstrated a prototype combining tokenised central-bank reserves and commercial-bank deposits for atomic, multi-currency settlement. The project involves eight central banks and more than 40 financial institutions, with real-value testing planned as a subsequent phase.
7. Narratives: dispersion remained more important than direction
AI, privacy, gaming and decentralised trading infrastructure continued to attract attention, while performance across smaller assets was highly uneven.
However, short-term gainers should not be presented as โopportunitiesโ. Rapid price appreciation in thinly traded assets can reflect low liquidity, concentrated participation or temporary attention rather than durable demand.
$BTC volatility is at cycle lows! ๐จ
Realized volatility has compressed while ADX remains weak, showing the market is still waiting for a clear trend.
Periods like this are often followed by a strong move, making the next breakout worth watching.
Treasury yields remain elevated, keeping financial conditions tight even without another rate hike! ๐จ
Higher yields can continue to pressure liquidity, making the macro environment challenging for risk assets like $BTC.
@wiseadvicesumit Managing reserves based on market conditions could give the company more flexibility while keeping Bitcoin at the center of its strategy.