Today after the US stock market closes, American soldiers will land to conduct a military operation. BTC is likely to drop significantly. All short positions will be in profit. We see this in the market.
The coin is testing support at $2.296 once again, and I lean towards the idea that this time we will achieve a full breakout.
The situation in the market remains negative, and the asset looks quite weak, with buyer activity extremely low.
Trading volumes are still at low values, and the situation currently favors further declines.
📊 CURRENT DATA: • Price: 0.3965 • 4H Trend: Bearish (EMA50 0.3679 < EMA200 0.3729) • RSI 1H: 85.96 (EXTREME overbought!) • RSI 4H: 75.81 (strongly overbought) • RSI 15M: 73.80 (overbought) • Bollinger Bands 1H: %B=0.97 (at the very upper limit!) • Volume: 1.35x average • Open Interest: +0.82% over 4H (growth)
📉 STRONG SIGNALS FOR SHORT: ✅ EXTREME OVERBOUGHT across all timeframes: • RSI 1H: 85.96 (danger zone) • RSI 4H: 75.81 • RSI 15M: 73.80 ✅ At the upper limit of Bollinger Bands (0.97 - almost touching) ✅ Bearish trend 4H (EMA50 below EMA200) ✅ MACD 1H: Positive, but histogram minimal ✅ Price far from EMA50 (0.3679) - large gap
⚠️ RISKS: • Open Interest is increasing (+0.82%) - possible squeeze • Volume above average - activity • Funding 0.01% (neutral)
💡 RECOMMENDATION: Strong short signal - extreme overbought + bearish trend + price at the upper limit of BB. Ideal conditions for a counter-trend entry. Stops by ATR 4H (4.35%).
The US cryptocurrency reserve will elevate this vital industry after many years of corrupt attacks from the Biden administration.
That is why my executive order on digital assets tasked the presidential working group to move forward in creating a cryptocurrency strategic reserve, including XRP, SOL, and ADA. I will do everything to make the US the global capital of cryptocurrency.
We will make America great again!
After which XRP, ADA, SOL rose by over 20% and BTC climbed up. However, ETH did not budge at all, showing a terrible movement dynamic.
The US cryptocurrency reserve will elevate this vital industry after many years of corrupt attacks from the Biden administration.
That is why my executive order on digital assets tasked the presidential working group to move forward in creating a cryptocurrency strategic reserve, including XRP, SOL, and ADA. I will do everything to make the US the global capital of cryptocurrency.
We will make America great again!
After which XRP, ADA, SOL rose by over 20% and BTC climbed up. However, ETH did not budge at all, showing a terrible movement dynamic.
It seems to me that Bybit paid with SOL to replenish the volume of ETH, and that’s why it has dropped so much in a couple of days. It will equalize in the future. There is a chance to buy at the bottom on the spot now.
badboybmw
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😐 Solana seems to be really down
Analysts report an annual inflation of the blockchain at a whopping 48%. That's tough!
😂 Against this backdrop, our beloved garbage ton doesn't seem so bad anymore
The asset once again attempted to rise above MA50 and even pierced MA200, but this is happening on low volumes and there is almost no chance of consolidation. Let's drop to 1.032
Ali Abudawua
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Bullish
$RUNE Colleagues, let's strive to earn more capital, as I understand, those who bought at 1.10 are already selling for joy, but you forget that the coin can give at least $5-7 and you just need patience, let's make it great again and then sell it and buy it in poverty and so on to Infinity 🤞😎