BTC LONG/SHORT Ratio Analysis:
If Bitcoin breaks its all-time high with a long/short ratio around 0.9566, the setup could trigger some significant up move due to a potential short squeeze.
Since there are more short positions (even if only slightly), a breakout above the all-time high could lead to rapid short covering. Traders who are short would need to buy back BTC to cover their positions, pushing prices even higher.
#BTCUSDT.P Analysis:
As predicted, Bitcoin has increased by over 4.8% from the breakout level and is now just 1.24% away from its all-time high.
#DYDX/USDT analysis :
#DYDX has broken through the trendline after bouncing back from the support zone. The price is expected to maintain its bullish momentum and test higher levels moving forward.
TF : 4H
Entry : $1.0456
Target : $1.2576
SL : $0.8977
#BTCUSDT.P Analysis:
As predicted, Bitcoin broke the swing high.
Now, let's see if it reaches an all-time high.
BTC Long/Short ratio analysis:
The BTC long/short ratio is currently at 1.05, which means there are slightly more long positions than short ones in the market. This ratio can provide insights into trader sentiment. When the ratio is close to 1.0, it indicates a fairly balanced stance between bullish (long) and bearish (short) positions. A higher ratio might suggest more bullish sentiment, while a lower ratio would indicate bearish sentiment.
At 1.05, Bitcoin traders show a slight bias toward the upside, but it’s not overwhelmingly bullish, which could indicate a cautious optimism among market participants.
Bitcoin's short-term Sharpe ratio is currently 6.91, showing strong risk-adjusted returns.
However, it still has a long way to go before reaching 60, a level that would signify extraordinary, sustained returns relative to risk and we can hold till it reaches 60.
Crypto Fear & Greed Index: 72
Yesterday, the index was 74.
When the index surpasses 90, it signals a red flag, indicating a potential reversal at any moment.
When the index falls below 10, it suggests a green light, implying a potential reversal at any moment.
Note: This indicator reflects the overall market sentiment.
#KLAY/USDT analysis :
#KLAY is in a downtrend, forming lower lows (LLs) and lower highs (LHs) below the 200 EMA. The price is currently showing a retracement towards the zone and is expected to reject from there, continuing to fall and test the previous lows. Wait for a pullback to enter a short position.
TF : 4h
Entry : $0.1258
Target : $0.1189
SL : $0.1298
#MASK/USDT analysis :
#MASK is in an uptrend. After breaking above the 200 EMA, the price is now sustaining above it. The price is currently consolidating over the support zone and is expected to bounce back from the current level, testing higher levels. Wait for a pullback before entering a long position.
TF : 4h
Entry : $2.265
Target : $2.531
SL : $2.129
#TKO/USDT analysis :
#TKO is in a downtrend, trading below the 200 EMA. The price has broken below key support levels after facing rejection at the 200 EMA. It is now likely to decline further and continue its bearish momentum, potentially testing lower levels.
TF : 4H
Entry : $0.3318
Target : $0.2905
SL : $0.3530
#OM/USDT analysis :
#OM is currently moving downward. It has broken below previous support levels, which are now acting as resistance for the price. The price is expected to decline further and test lower levels.
TF : 4H
Entry : $1.2680
Target : $1.0525
SL : $1.3549
#SFP/USDT analysis :
#SFP is in a downtrend, consistently making lower lows (LLs) and lower highs (LHs) below the 200 EMA. The price is currently facing rejection at the 200 EMA and is expected to decline further, potentially testing lower levels.
TF : 4H
Entry : $0.7145
Target : $0.6718
SL : $0.7409
#CKB/USDT analysis :
#CKB has experienced a breakout and has successfully retested the previous breakout zone. It is expected to rise from the current level and test previous highs. A bullish momentum is anticipated in the near future.
TF : 1D
Entry : $0.01408
Target : $0.01916
SL : $0.01239
#ATM/USDT analysis :
#ATM is in a downtrend, trading below the 200 EMA. The price is currently facing rejection from the resistance zone and is expected to decline from this point, continuing its momentum to test previous lows.
TF : 1D
Entry : $1.984
Target : $1.649
SL : $2.235
#BTC/USD.P Analysis:
Based on price action analysis, Bitcoin has formed two higher lows after a series of three lower lows and two lower highs, signaling the potential start of a bullish rally.
#SYS/USDT analysis :
#SYS is currently consolidating sideways within the support zone and is expected to rebound from this level, potentially testing previous highs. It is advisable to wait for a pullback to establish a long position.
TF : 1D
Entry : $0.0964
Target : $0.1257
SL : $0.0822
BTC Returns to the U.S.
After the recent address update, an important fact came to light. BTC has returned to the United States.
Prices are currently rising along with BTC volume.
Crypto Fear & Greed Index: 72
Yesterday, the index was 72.
When the index surpasses 90, it signals a red flag, indicating a potential reversal at any moment.
When the index falls below 10, it suggests a green light, implying a potential reversal at any moment.
Note: This indicator reflects the overall market sentiment.
#WAXP/USDT analysis :
#WAXP is currently in a downtrend, trading below the 200 EMA. The price is forming lower lows (LLs) and lower highs (LHs) while encountering resistance from the trendline. It is likely that the price will continue this structure and test lower levels.
TF : 1h
Entry : $0.03112
Target : $0.02897
SL : $0.03252
#BTC/USDT.P Analysis:
Bitcoin has broken out and retested the breakout level. It is now heading toward the swing high, with a high probability of reaching its all-time high.
There are has been a spike in Bitcoin demand, growing at the fastest monthly pace since April 2024.
Читать полностью…#CLV/USDT analysis :
#CLV has broken below its previous support levels. The price is anticipated to decline further and test lower levels. It is advisable to wait for a pullback and retest of the level before considering a short entry.
TF : 30min
Entry : $0.02936
Target : $0.02828
SL : $0.02984
#GTC/USDT analysis :
#GTC has broken below support levels. The price is expected to continue falling and test lower levels, as the higher time frame (HTF) is bearish. Wait for the price to retest the zone before entering a short position.
TF : 4h
Entry : $0.644
Target : $0.596
SL : $0.678
#PUNDIX/USDT analysis :
#PUNDIX is in a downtrend, trading below the 200 EMA. The price has broken both the trendline and support levels. It is expected to decline from the current level and test previous lows.
TF : 1D
Entry : $0.3747
Target : $0.3037
SL : $0.4209
#DEGO/USDT analysis :
#DEGO is currently in an uptrend, consistently reaching new highs while trading above the support zone. Following a strong impulsive move, the price has undergone a correction phase. It is now anticipated to bounce from this level and continue rising, aiming to test previous highs. For a long entry, wait for a breakout above the $1.996 level.
TF : 4H
Entry : $1.996
Target : $2.490
SL : $1.757
#ACM/USDT analysis :
#ACM is in a downtrend, trading below the 200 EMA. The price is currently retracing back to the 200 EMA and a resistance zone, and it is expected to decline from this point, continuing its bearish momentum to test lower levels. It is advisable to wait for a pullback for a short entry.
TF : 1H
Entry : $1.535
Target : $1.478
SL : $1.567
#TWT/USDT analysis :
#TWT is currently in a downtrend, forming lower highs (LHs) and lower lows (LLs). The price is expected to continue its bearish structure and test lower levels.
TF : 1D
Entry : $1.0146
Target : $0.7791
SL : $1.1692
#ASR/USDT analysis :
#ASR is in a downtrend, making lower lows (LLs) and lower highs (LHs) below the 200 EMA. The price has broken down and retested the support zone, which is now acting as resistance. It is expected to continue its bearish momentum and test lower levels. Wait for a pullback for a short entry.
TF : 30min
Entry : $2.090
Target : $2.015
SL : $2.136
Crypto Fear & Greed Index: 71
Yesterday, the index was 70.
When the index surpasses 90, it signals a red flag, indicating a potential reversal at any moment.
When the index falls below 10, it suggests a green light, implying a potential reversal at any moment.
Note: This indicator reflects the overall market sentiment.
#BIGTIME/USDT.P Analysis-
After forming lower low price structure, price is going to break the day’s high. Once it will break the high then we can aim for 1:2 risk to reward ratio.
T.F.- 1-Minute
ENTRY- as soon as it gives breakout above 0.16751
SL- 0.16479
TARGET- 0.17285
Note: If the stop-loss is triggered before entry, disregard the trade as the price action may develop differently.