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Dollar Index bounced from bull flag bottom and now breaking out. If that move continue in the same direction targets are February close at 104.95 and zone above up to 105.35
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Today #Ethena unlock over 66% from circulation supply! The only thing that might stop them from selling is that $ENA is down by 71% from last swing high and maybe they'll be ok to wait a few months more till it grow higher. Certainly, now is not the best moment to sell anything. So there is a chance that this bearish event/news will have a delayed effect. But I am sure, sooner or later these 66% will find their FOMO buyers. My recommendation is to stay away from it. And wait for a short opportunity where volume on the bounce exceed what we saw on the dips.
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📉 Bitcoin Daily 📈 My yesterday's short term expectations for $BTC achieved - almost touched Friday's NY low on the dip and bounced to January low at 88900 ✅ Market remains highly choppy and uncertain. While Trump threaten and bully counties with new tariffs (that he can cancel any other day) and deals, world economy remains in shaky stage. All stock indices have now closed their gaps, removing a key bearish factor. The Dollar Index is dropping, but so far, that hasn’t given much support to crypto or stocks. Hopefully, in a week or two, things will settle, making the market’s direction clearer. Nearest Targets: ⬆️ Bullish move: dev March VAH at 91k. Next is dev Weekly 20-sma around 93k ⬇️ Bearish move: 83.5-84.4k - zone in between dev March VAL and dev Q VAL #Bitcoin Liquidation heatmap: • Above: 88125 / 89267 / 90146 / 91288 • Below: 86191 / 85050 / 84434 / 81095
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📉 Bitcoin Daily 📈 The most obvious scenario played out — $BTC closed the gap right at the New York market open. But it’s not just crypto taking a hit—stock indices also dumped. While SPX and NDX have already closed their gaps, Dow Jones still has an open gap down to its 2024 close level. Until that’s filled, crypto likely won’t see much upside. We’re also in a world of Trump’s extreme activity, making any forecasts tricky. He promised something BIG today, likely around 18:30 UTC, and will address Congress later at 02:00 UTC (March 5th). Plenty of fuel for more fireworks. #Bitcoin nearest Targets: ⬆️ Bullish move: January low at 88,900 ⬇️ Bearish move: Hard to pinpoint—could dip to 80,400 and bounce or keep dropping to fully close the old CME gap. Liquidation heatmap: • Above: 84827 / 87431 / 89411 / 91182 • Below: 82011 / 78124 / 76600 / 75378 Lines on the chart: 🔸93549 - 2024 close 🔸88909 - January low 🔸84300 - February close 🔸80400 - old Nov'24 week close 🔸78200 - February low 🔸73881 - March'24 high
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Ethereum Monthly Chart Let’s keep it simple: If $ETH doesn’t bounce on this re-test (where it cleared liquidity below January 2024’s low), it’s almost certain to drop further, targeting liquidity below ~$1500 Even if it does bounce, ETH still faces strong resistance before reclaiming February’s high. The 2750-3100 zone will be tough to break, but if it does, the move above could accelerate quickly.
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$ADA expect re-test of 2024 close and possibly zone under it. After that will grow above December'24 high and towards ATH. #Cardano founder commented that he doesn't actually has a role of advisor for US government. There was a rumor like that in the past. But that doesn't change Reserve interest in ADA.
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