Good morning, everyone! ๐ซ
โก๏ธ **#BTC * โ $96,500
โก๏ธ **#ETH * โ $3,590
โ๏ธ We continue trading in a very narrow range, often referred to as a "spring" thatโs about to snap ๐ฅ๐ค. This breakout could go in your favor or against you, so you must be prepared ๐ก๏ธ. As Iโve mentioned before, there remains a risk of a decline to the $84Kโ$86K range due to the closure of a weekly imbalance โ๏ธ.
โ๏ธ A correction is not a mandatory step for further growth. However, even if it happens, itโs likely to be short-term and shallow ๐ก๏ธโ๏ธ. In case of a correction, as Iโve said before, use it to your advantage. Corrections currently provide an excellent opportunity to buy assets on spot markets that interest you or to open long positions ๐ผ.
โ๏ธ Pay attention to the BTC.D dominance situation. It has already dropped to 58% and is currently trading at 58.29%. Our primary target remains 52% dominance, with the first intermediate support level at 56%โ57%. Once this level is breached, there will be no turning back ๐.
The market seems calm right now, but exciting moves are just around the corner. For now, all we can do is wait for our plans to materialize ๐ซ.