๐ฅBTC Urgent Update!๐ฅ
๐1๏ธโฃ BTC is expected to drop after reaching 70,500. Here's the detailed analysis:
The first significant zone is from 68,800 to 70,500.The second zone ranges from 67,800.The third zone is at 64,500.Anticipated decline before the crucial dates of May 28 and 29. There's an opportunity from the rebound area mentioned earlier. Key support zones are:67,000 to 67,40066,600 to 66,800First untouched area at 66,800Additional support zones at 66,500, 66,000, and the strongest at 65,500.
๐2๏ธโฃ BTC's 4H RSI is currently positive at 47.78, targeting a breakout at 49.59. The 1H RSI is also positive, breaking through 50.00 and now at 50.94. The 1D RSI remains negative but will turn positive if it stays above 55.00. The 1W RSI is positive, approaching the breakout area of 69.87, close to 70.00.
๐3๏ธโฃ Total liquidity stands at 2.502, indicating potential market rise to 2.515 or 2.525 in the coming hours.
๐4๏ธโฃ ETH remains positive on the 1W RSI at 66.97, suggesting a potential rise to 70.00. This could push ETH to the 4,000 to 4,100 range.
๐5๏ธโฃ The USDT dominance is negative, which is favorable for the market. It's crucial that the 4H RSI does not close above 4.60 or 4.55, as this supports positive market movement. The 4H RSI at 4.47 indicates a drop from 50.03 to 43.28, with any decline to 40.91 being positive for the market. Avoid closing above 4.50.
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