Very important level here. Seems like bulls are winning right now. Nothing set in stone yet

📊 #BTC #ETF River: Businesses, ETFs, and governments are now absorbing over 3,600 BTC per day. That’s 4x the BTC mined daily.

I like this fakeout

Eth feels weak tho.

Started placing stop losses on my open leveraged alt positions

BTC needs to stay above 112k and we are out of the danger zone for now

We are back above this green zone on ETH

🇺🇸👀 US macroeconomic data will be available on Ethereum (#ETH), Avalanche (#AVAX), Arbitrum (#ARB), ZKsync (#ZK), Optimism (#OP), Mantle (#MNT), Sonic (#S), Base, Botanix and Linea blockchains. source

Here we are again with SPX strength, printing new ATHs every day and crypto is showing exhaustion.

However, this also means as long as SPX keeps grinding up, downside is limited on crypto. As soon as it dips, we dip with it though.

$BTC just weak. Even though we have heavy supports, there is no bullish sentiment building in the chart.

I was so enthusiastic for alts last week. And it really feels like the timing was good for some real bull action there. But as long as BTC is not holding on properly, there won‘t be much going on there.

Anyways, BTC broke down this bear flag and is sitting on a support right here.

same for $ETH. Back at support but I don‘t see any strength rn.
Sucks, it could have been so nice. I was really getting some hope when we were >4900.

I mean a rejection was possible but $BTC is the crucial part that ruins it

TL;DR: Bounce incoming soon. But overall looks bad

I mean, considering the weak sentiment, we didn‘t make a much lower low..

I did hate for good reason. And I am still skeptical. However, $ETH barely did a lower high.

I am still all in and wish to go up hard. This structure gives me hope ngl.
Still be careful.

I am degen and dumb.

Don‘t listen to me.

Lower low*

ETHBTC

BTCd 🤝