1️⃣ As I previously talked about the M model, there was a W model in the dollar domain, and all of them came true, but no one talks about these models. However, I see BTC rising after this decline unless it returns to the 55K areas again to retest the rise today. BTC must penetrate the 62680 area to bear the decline. And moving the market is at least anything other than this. I do not see anything positive, even the rise of BTC. Until this moment, the target is negative 57750 if it fails today or tomorrow within these 4 or 3 days. As for the indicators, it is in the oversold areas, so there is a possibility of a simple correction and then a resumption of the decline as shown. I said failure to break the 62680 area triggers the upside
2️⃣ ETH is still suffering from a correction with the closing of the price gaps that I talked about a month ago since the rise that occurred in one day. However, I expect a stronger violent correction than this to the 3100 or 3000 areas. Now the closest possibility for ETH is the 3280 area and the 3200 area until the 3100 area, so ETH is the only one that... It has not yet entered the oversold zone, with a greater chance of falling in ETH
3️⃣ TOTAL liquidity had a more violent decline, but the daily 1D close was in the support area, so it is positive so far. Otherwise, it is negative. However, I do not expect another rise unless we see positive news in the coming days that gives a great opportunity for the market to rise. For this reason, the 2.217 area is good, but returning to Areas lower than these, which were like the 2.155 and 2.177 areas, are very negative areas and give greater negativity to the decline as well.
4️⃣ The dollar domain USDT is now negative, but there are areas where it may change, and we see positive movement for the dollar domain. A fall to the 5.10 area means a fall to the support area, and the possibility of a rebound from this
#BTC #ETH #CryptoPCEWatch #MtGoxJulyRepayments #MicroStrategy
