📊 BTC is down approx 33% against ETH since mid-April.

It is now about to lose the 200-Day EMA support against ETH.

BTC/ETH break below the 200-Day EMA would be bullish for ETH and altcoins.

📊 As long as $ETH stays above the 200-Day EMA at $2,400 and $BTC remains above the 50-Day EMA at $100K,

These strong support levels suggest a potential bullish trend with possibility of bounce.

Holding swing LONGs as long as they hold these important support levels.

Now the market can finally take off.

📊 Altcoins Market Cap is consolidating for last 30 days in a range above 200 and 50 Day EMA.

Once altcoins break free from this gravitational zone, it’s a smooth shot to the moon. 🚀

Swing LONG with 3x-5x Leverage.

Altcoins are going to start uptrend within a week.

Capital is rotating into ETH.

Strong ETH Inflow Despite BTC Outflow.

Heavy Profit Booking in BTC.

$BTC is about to collapse below 200 Day EMA Against $ETH.

🚨 James Wynn is influencing retail investors to buy or go long.

So that whales can get exit liquidity without causing a major price drop.

$ETH holding strong above 200 Day EMA.

$BTC holding strong above 50 Day EMA.

Still Bullish 🚀

$BTC has been trading within a 10% range, and altcoins within a 20% range over the past month. A breakout from this range could provide good trade setups.

Due to this choppy price action, we recommended swing longs with low leverage to avoid getting caught in the fluctuations.

📊 The average spot trading volume on CEXs has dropped to October 2020 levels.

Coins are not being sold on spot or moved on-chain.

The market has shifted into HODL mode.

📊 Alts have started their uptrend as expected within week.

This rise is likely to take to the new market top within just two months.

➡️ LONG ETHUSDT

❇️ Entry: 2511.00000000 - 2410.56000000

☑️ Target 1: 2611.44000000

☑️ Target 2: 2711.88000000

☑️ Target 3: 2812.32000000

☑️ Target 4: 2912.76000000

⛔ Stoploss: 2362.34880000

💫 Leverage : 7x

Binance Futures, Bitget Futures, ByBit USDT, HyperLiquid Futures(ETH/USDC), KuCoin Futures, OKX Futures
#ETH/USDT Take-Profit target 2 ✅
Profit: 56.0056% 📈
Period: 14 Hours 43 Minutes ⏰

📊 Pre-market futures slightly red ahead of key CPI release.

Markets are cautious this morning with futures ticking slightly lower.

All eyes now on tomorrow’s CPI report, The final major inflation print before the Fed’s June decision.