All of this is buy the dip for now. I wouldn't like to give a all-clear signal yet. Daily has to close around this level and we need some up tomorrow for a reversal. If we stay here and go down tomorrow or if we dump intraday we will keep trending down.

I would have liked a continuation on the close to let weak hands sell the bottom and then some upmove to create fomo. This is usually better to form bottoms. Not convinced so far..

For BTC we need to consolidate above this red line (53.051k)

SPX up 1%, BTC up 10%

SPX breaking daily high here. Not too bad.

5300 is absolutely the biggest resistance.

BTC and SPX at important intraday inflection points right here right now. Hold and bounce right now or break and it is a bulltrap imo.

✅ Unusual Exchange Outflows
7,414.67 #BTC ($405,207,750)
aggregated outflows from multiple exchanges in an hour

1. Coinbase_advanced 3,095 BTC (41%)
2. Coinbase_prime 1,344 BTC (18%)
3. Binance 1,031 BTC (13%)


Please note that large withdrawals from exchanges that don’t support custody solutions or OTC desks could be an internal transfer. We would change data if there is evidence of an internal transfer after investigating wallets.

View Chart | @cryptoquant_alert

I guess for the current state

Today has showed that we still are shitters to the stock market. BTC literally a 10x leverage to SPX right now..

We will prove them wrong eventually. However, I think it takes longer than people think that BTC finally takes its role as digital gold.

Wrap up of today: SPX closed as I expected: indecisive.

This daily close candle is ok. Tomorrow will be very important for the trend.

As indecisive as our poll.
Exactly 50/50. thanks for all the participation! ❤️

🟢 #ETH Liquidated Short: $13.4M at $2464.12

SPX futures market continuing to recover. So far so good.

5300 SPX reached. Big resistance. I honestly doubt that we will break it soon

Look at this downtrend. Bots literally selling every 50h MA (green trend line) touch.

BTC forming a rising wedge on the hourly. This is bearish unless breakout to the top.
These usually break down tho.

yep

SPX next?