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CRYPTO ASHLEY
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#btc Technically speaking observing small timeframe. This kind of impulse is never bullish. It has some hidden bearish divergence forms and lead to some retracement. Only case where this does not work is if there is some news element attached with it #writetoearn #dyor

#btc

Technically speaking observing small timeframe. This kind of impulse is never bullish. It has some hidden bearish divergence forms and lead to some retracement. Only case where this does not work is if there is some news element attached with it

#writetoearn #dyor

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🪙Cryptocurrency Market Overview 😀The week started with a confident rise in BTC dominance and a correction in ETH. We've become accustomed to relatively low volatility in BTC and ETH, and some might think that yesterday's drop in ETH has deep fundamental causes, but it's more likely a rebalancing of positions by large players. There was an excellent inflow of $100 million into BTC ETFs on Monday, mainly from Fidelity (FBTC), rather than a broad market movement. So, this volume of inflow should not be seen as an unqualified positive sign. NOT dropped by 30% from its peak, and now the price is fluctuating around Fibonacci levels. The market maker is at work. I closed my short on NOT around $0.021 with a decent profit. However, my pessimistic prediction of a 50% drop from the peak has not yet come true. I'm no longer confident in this prediction, so I closed my short and continue to monitor the token without a position.😀, I missed the excellent growth in FLOKI due to the project's imminent launch of a trading bot and investments in them from DWF. 😀News At 17:00, I expect significant market volatility due to the release of the US JOLTs job openings report. Additionally, the data will provide insights into the most important report of the week: Nonfarm Payroll on Friday. After the approval of the ETH ETF, $3 billion worth of ETH was withdrawn from exchanges - a good sign for the market. 😀Base Scenario Today's report at 17:00 will determine the price dynamics for the day. I do not expect significant declines in the market. The Funding Rate indicates a small number of leveraged long positions, so downward squeezes are unlikely. There is a slight probabilistic advantage in favor of purchases. 😀What to Long Today NEAR and RSS3 were quite disappointing. ONT, LINK, and JUP look promising. 😀Holding long positions in COMP and SUSHI. Added to the SUSHI position. 😀Today's idea: long ONT 😀Move to break-even at $0.3035 😀Stop: $0.2810 😀Take profit: $0.3159 $ONT $BTC $ETH
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