There's massive resting demand here. Best example is SOL.

The bounce is just a matter of time, imo.

ALTCOINS update

Green zone didn't hold and it's now reaching the next support zone (blue)

Let's not forget that this bearish movement is still within what we can call a correction. In the summer of 2021, we saw something similar and even more pronounced, and despite that, the market recovered and reached new highs.

With that said, I would like to see a strong bounce from this blue zone, and then a bullish confirmation when the previously broken green zone is recovered.

As I said on X/Twitter, I'm still holding my positions in altcoins but not adding more until I see a ltf bullish structure.

ETH

2,700-2,800 support being tested again. It looks like a corrective move so far.

S-1 filings for the Ehereum ETF should be approved soon.

SOL

Bullish.

ETH/BTC showing strength here. Good sign.

I remain long ETH and SOL, and holding a diverse portfolio of majors (DOT, RNDR, FET/ASI...) and some mixed low caps, mostly related to RWA and AI.

Enough exposure already, but if there are bullish confirmations, I'll add more. If the analysis is invalidated, I'll start cutting positions.

When things get complicated and you see challenges and doubters arising, the support seems to fade away... that's when you need to gather the most courage and patience. It's after braving the storm that you can relish the sunshine.

Here I stand.

No updates = no changes

Enjoy the weekend!

BTC

60k-61k reclaimed ✅

This week should be interesting.

If you like the content I share, your positive feedback means a lot. It keeps me motivated to share more.

When things go bad, everyone joins the blaming/mocking trend, but when things go well, most disappear. It's easy to highlight the bad things, especially when you don't consider the entire context. I've had ups and downs, which is normal in trading/investing, but I've made enough money to live a comfortable life without having to worry much. However, I'm here sharing my content for free and not seeing much incentive from the overall feedback I get.

It's not just me—many are leaving CT or posting less quality content because of this. The space has become toxic. But we can change that.

So, if you find value in the content, let's keep this community positive and supportive.

ALTCOINS update

Nice bounce from the blue zone.

Now the next step is a clean reclaim of the green zone, starting with bullish PA above the blue line. That would be a sign of strength.

DOT

Same plan. Solid fundamentals and solid TA.

I don’t say it looks bullish because I have a deal. I have a deal because it looks bullish.

#grant

FET/ASI

A chart is worth a thousand words.

GM

Mt. Gox moving funds again from cold wallet to cold wallet.

Repayments will be made from July 1st to October 31st, but the estimate is that the majority will be in September. On the other hand, not all creditors will sell.

So it's more FUD than anything else. Nothing to worry about yet, imo.

BTC update

After reclaiming 60k-61k, price kept going up until reaching the next resistance, which is the 65k level.

Next bullish confirmation would be a reclaim of 65k. If that happens, we should expect higher prices. The main target would be the upper liquidity zone (red zone).

Several attempts to break 65k. Next one could be the definitive one.

There it goes 👀

If you like my content and you didn't sell the local bottom due to panic, I would appreciate if you could leave a positive comment here:
https://x.com/CryptoCapo_/status/1814369763780436263?t=PxPBaaWsHwZkqBFqe6fEDw&s=19

Thank you!

BTC update

Clean break of 65k ✅

Next key zone should be 69k-70k. When this breaks, we should see a movement to that upper liquidity zone (red zone).