I’ve never really been into crypto, and I’m not into it now. I used to repost other people’s stuff just to grow the account, but now I want to start posting in my own voice.
$GALA Looks potentially good for a short.
Altcoins are showing a decline again due to high $BTC dominance and the drop in $BTC. I think the situation won’t change soon, and we will see further downward movement.
The asset failed to hold above the moving averages and once again dropped below the support level of $0.01955, but has already managed to consolidate below it.
Additionally, a cloud reversal is observed, so I expect further downward movement toward the $0.01390–$0.01548 range.
Targets: $0.01635 – $0.01503 – $0.01390
Stop: $0.01895
$BTC Shows Negative Trend
As I mentioned, if we couldn’t hold above 90,000$, a significant decline was expected, which is exactly what happened.
However, the news also played a role: Trump announced an increase in tariffs for China from 10% to 20%, which negatively impacted the market.
Now, we have two options: either we form a double bottom pattern at the previous local low, or we drop further to the 75,000$ mark.
$SOL Looks good for spot.
The asset is in a favorable zone for accumulating positions and has the potential for a 60% move, but I believe it could perform even better.
The project has a positive news backdrop: inclusion in the U.S. crypto reserve, the possibility of a $SOL ETF, and strong chances for solid results this year.
We have broken above the diagonal resistance line, and now it’s crucial to consolidate above it to continue the upward trend. However, high $BTC dominance is significantly hindering the growth of altcoins.
$BTC Showed upward momentum.
Yesterday, following the news about the creation of a strategic reserve in the U.S., the asset experienced an impulsive rise and is currently trading at $92,600.
Now, the main task is to hold above the $90,000 level to enable further upward movement; otherwise, we could see another deep correction.
Dominance remains at a high level, but altcoins have started to rise alongside $BTC, especially those assets included in the crypto reserve: $XRP, $ADA, $SOL.
$BTC Continued its recovery.
The asset has successfully moved above the $85,000 level and is attempting to consolidate above it, which is likely to succeed.
Globally, I remain bullish and expect a swift recovery in BTC’s price, but I also acknowledge the possibility of a drop to $75,000, as risks still persist.
For now, on Sunday, we will likely continue trading above $85,000 without significant changes, so we are waiting for the start of the new week, which will bring clarity to the asset’s direction.
$RUNE Looks attractive for spot.
The asset has reached the $1.166 zone, which acts as strong support. At the moment, there is a slight potential for a 20% drop, but overall, it’s already a good time to start accumulating long-term positions.
From current levels, I see potential for a move of over 4x. The project is strong and indispensable in the current market environment. Its correction is solely due to the overall market downturn and the weakness of altcoins.
You shouldn’t allocate more than 1% of your portfolio to this project. You can start buying directly from the market now. Futures remain extremely unpredictable at the moment.