𝐌𝐲 𝐃𝐚𝐢𝐥𝐲 𝐔𝐩𝐝𝐚𝐭𝐞 𝐎𝐧 𝐂𝐫𝐲𝐩𝐭𝐨🏆

Chart 1: Bitcoin Analysis ($BTC )

Over the weekend, we closed as a bull hammer followed by a doji at resistance and below all EMA’s. Currently, we are forming a possible bull candle below resistance and all EMA’s.

Currently, the OBV is showing bearish divergence and the RSI is showing bullish divergence with possible hidden bearish divergence.

The market structure is bearish. For the trend to flip bullish we need a HL followed by a HH.

Chart 2: USDT Dominance (USDT.D)

Over the weekend, we closed as a bear hammer followed by a doji at resistance but above all EMA’s. We are currently forming a possible bear candle below resistance but above all EMA’s.

Currently, the OBV shows bullish divergence and the RSI shows bearish divergence with possible hidden bullish divergence.

The market structure is bullish. To flip bearish we need a LL followed by a LH.

Chart 3: Altcoin Market (OTHERS.D)

Over the weekend, we closed as a bull hammer followed by a doji below resistance but above all EMA’s. Currently we are forming a possible bear candle below resistance but above all EMA’s.

Currently, the OBV shows bearish divergence, and the RSI shows bearish divergence with possible hidden bullish divergence.

The market structure is bullish as we have had multiple HL’s followed by a HH’s but things might shift soon as we have formed a LH currently.

Chart 4: BTC Dominance (BTC.D)

Yesterday, we closed as a bull hammer followed by a bear candle below resistance and all EMA’s. Currently, we are forming a possible bull candle below resistance and all EMA’s.

Currently, the OBV shows huge bullish divergence on this move and the RSI also shows bullish divergence with possible hidden bearish divergence.

The market structure is bearish , but it’s hideous. For the trend to flip bullish we need to see a HL followed by a HH.

I personally believe BTC is going lower as I don’t believe the bottom is in yet.

Just know that even though the top is in for BTC that doesn’t mean we can’t have a crazy alt season.

But for the alt season to kick off, we need BTC.D to drop off a cliff but until then we just have to sit and wait for confirmation which could be happening as we speak.

Patience is key: stay objective, control emotions, and trade the charts, not the hype.

See you for tomorrow’s update.

⚠️ Disclaimer: This is not financial advice. I’m simply sharing my personal thoughts and market observations. Always do your own research and never risk more than you’re willing to lose.