Pro Analysis

Bitcoin exchange reserves across all exchanges have hit an all-time low, indicating that an extreme bull rally may be imminent.

#1INCH/USDT analysis :

#1INCH is in an uptrend, trading above the 200 EMA. The price is currently in a correction phase, showing a retracement toward the 200 EMA and the support zone. It is expected to bounce back and continue its momentum to test previous highs. Wait for a break of the $0.2768 level for a long entry.

TF : 2H
Entry : $0.2768
Target : $0.2916
SL : $0.2678

Crypto Fear & Greed Index: 70

Yesterday, the index was 72.

When the index surpasses 90, it signals a red flag, indicating a potential reversal at any moment.
When the index falls below 10, it suggests a green light, implying a potential reversal at any moment.

Note: This indicator reflects the overall market sentiment.

Nearly 94% of Bitcoin's supply is in profit, with an average purchase price of $55,300.

#GRT/USDT analysis :

#GRT is currently in a downtrend, making lower lows (LLs) and lower highs (LHs), and is trading below the 200 EMA. The price is facing rejection from both the 200 EMA and the resistance zone. It is expected to decline from this point and potentially test the previous swing low.

TF : 1D
Entry : $0.1682
Target : $0.1294
SL : $0.1940

#BTC/USDT Analysis:

Bitcoin has formed a cup and handle pattern. Once it breaks and closes above this pattern on the weekly timeframe, it is likely to see a significant breakout.

It took Gold ETFs six years to reach $20 billion in inflows, while the Bitcoin ETF achieved this in just 10 months.

The most successful ETF launch in history!

#SKL/USDT analysis :

#SKL is currently facing rejection at the resistance zone. The price is expected to decline from this point and continue to decrease, testing the support levels. Previous lows are likely to be tested. Wait for pullback for short entry.

TF : 4h
Entry : $0.04237
Target : $0.03509
SL : $0.04648

Bitcoin whale holdings being at an all-time high over the past year indicates that large investors (whales) are accumulating more Bitcoin, which can be seen as a sign of growing confidence in the asset's long-term value. Whale accumulation often occurs during market consolidation phases, when prices are relatively stable or following significant corrections.

This kind of accumulation can influence market sentiment and price movement since whales have the power to significantly impact supply and demand dynamics. If they continue to hold rather than sell, it can lead to reduced sell pressure, potentially supporting higher price levels

#FIL/USDT analysis :

#FIL is currently in an uptrend, consistently making higher highs (HHs) and higher lows (HLs) along the trendline. The price is now retracing towards the 200 EMA, presenting a potential long trade opportunity. The target should be the previous high levels, as the price is anticipated to rise further.

TF : 1D
Entry : $3.888
Target : $4.662
SL : $3.366

#XVS/USDT analysis :

#XVS is in an uptrend, trading above the 200 EMA and consolidating over the support zone. The price is expected to bounce back from the support zone and test the previous highs.

TF : 4H
Entry : $7.42
Target : $8.05
SL : $7.00

#UMA/USDT analysis :

#UMA has broken out of the trendline and has retested the previous swing high zone following the breakout. The price is now poised to move upward and test higher levels.

TF : 4H
Entry : $2.807
Target : $3.197
SL : $2.690

#FIO/USDT analysis :

#FIO is in an uptrend, forming higher highs (HHs) and higher lows (HLs) while trading above the 200 EMA. The price has broken out and retested the previous swing high resistance levels. It is expected to bounce back from this point and continue its bullish momentum to test the recent swing high.

TF : 1D
Entry : $0.0305
Target : $0.0417
SL : $0.0270

#FIO target hit ✅

#EGLD/USDT analysis :

#EGLD has broken out and retested the support zone. It is now expected to bounce from this support zone and test the previous swing high level.

TF : 1D
Entry : $26.26
Target : $28.14
SL : $25.12

#LUNA/USDT analysis :

#LUNA is in an uptrend, making higher highs (HHs) and higher lows (HLs) along the trendline. The price is currently retracing towards the 200 EMA, creating a potential long trade opportunity. Aim for the previous high levels, as the price is expected to rise higher.

TF : 1D
Entry : $0.3728
Target : $0.4278
SL : $0.3366

#JST/USDT analysis :

#JST is in an uptrend, trading above the 200 EMA. It is advisable to wait for the price to retrace to the 200 EMA for a long entry, as it is expected to bounce from that level and continue its bullish momentum to test higher levels.

TF : 4H
Entry : $0.02952
Target : $0.03238
SL : $0.02852

#SXP/USDT analysis :

#SXP has bounced back from the 200 EMA after a retracement and a breakout of the trendline. It is now expected to move towards the previous swing high level.

TF : 2H
Entry : $0.2592
Target : $0.2894
SL : $0.2495

#DGB/USDT analysis :

#DGB has broken the support levels and has retested the zone, which is now acting as resistance for the price. The price is expected to decline from this level and test the previous swing low.

TF : 4H
Entry : $0.00662
Target : $0.00634
SL : $0.00681

#MDT/USDT analysis :

#MDT is currently retracing back to the 200 EMA while forming higher highs (HHs) and higher lows (HLs) in its structure. The price is bouncing back from the support zone and is expected to test the previous swing high.

TF : 1D
Entry : $0.04253
Target : $0.05229
SL : $0.03668