SPX slowing down. BTC rejected on this 5th lower time frame attempt.

This is a bad sign usually. LTF we are good as long as we stay above 39476~.

If we dip below we have to see what happens next. Maybe we finally test the orange uptrend at 38k.

Other than that we might see a consolidation over several days to break up.

I‘ll keep u updated ✌️

Perfect, I guess the one small pump didn‘t count as an attempt (time frame was too low here) and the 4 attempts are clear for me :) It was right generally on the TA.

It is easier to tell in hindsight, like always. But this looks pretty damn good here now.

Next step is the yellow circle at 43.xxx.
This is a big resistance and should easily be rejected. If we break the current level (42k) we should go there quick.

After a rejection at 43k we need to check the price action and stocks to make further guesses.

https://x.com/macnbtc/status/1751256078720090198?

TL;DR:

Influencers shilled you a coin, dumped on you, FUD you out to then buy back the bottom.

Mac, Apeterminal, Lady of Crypto and all the others are scam artists.

✅ Target hit.

I would be surprised if we break this quickly.

The longer we hang on this resistance !without! getting rekt, the more bullish I would become.

For the LTF I would be bearish. This could be the top. We have to be very vigilant here and adapt to the PA.

I will take profit on my leveraged longs here.

SPX: Ascending triangle on the LTF, resistance on the HTF

I have to admlt, I did not expect so few resistance.

This is very bullish if we close the daily above this line and dont dip below again.

I am slowly turning bullish here

Revert that. Daily closed below. Be careful

SPX red - we are retrying.

JUST IN: Spot Bitcoin ETFs hold 3.3% of the current BTC supply.

@WatcherGuru

The more the states hold, the more they support it.

I can see the last giga bubble with every state trying to get its biggest share of the BTC cake.

https://x.com/stocklizardking/status/1753324346179785189?

Just some orher perspectice that I don‘t do enough:
Moving average. Most important are 50, 100 and 200 to see if we are still in a macro up or downtrend.

In fact, we held the 100D MA and also reclaimed rhe 50D MA in the past days.
We are barely hovering above it but if we can defend this for a couple of days, it would be very good to confirm this a macro dip and not a macro top.

Many bigger players rely heavily on the simple moving averages. Hence, they are very important to track the macro status we are in.

TL;DR: Isolated on the SMA, we are looking bullish again but need to defend this level the next days.

BTC is above the 50D SMA again. Also from a structural perspective, we are forming an ascending triangle, which usually breaks above. If we dont hold this rest uptrending support, we have to reevaluate.

XRP broke down here.
We are facing next supports as we speak at 0.46-0.5 region. next one is around 0.4-0.44

XRP has performed extremely poor so far. Expecting an upwards correction