#Ethereum lost developing quarter VWAP. Sad moment. But that was somewhat expected. From here we may expect the following scenarios:

* Bulls buy the dip and push $ETH back above February close at 3343 - surprisingly bullish that scenario might be caused by ETH ETF news or whatever. The only scenario to save market from long bearish summer

* Price continue exploring the dips. Nearest zone is in between 3262 and 3150. So the top of it already tapped. The rest for the following days.

* Continuation of previous scenario where #ETH continues towards the bottom of the range at 2800-2930

Want a hint for #Bitcoin future. Look at 4H Dollar Index chart. As you can see its pulling back as well after hitting target zone for the second time. Either #DXY find support here around 105.15, or continue lower.

If second scenario, BTC bounce faster.
If first, BTC will continue lower under 59k

#DollarIndex

#Bitcoin reached developing quarter VAL around 62300 ✅ So far looks like a free fall, but considering Dollar Index starts Monday with down-move as well, there is a good chance $BTC will bounce soon. That chance doesn't deny the possibility of #BTC price first reaching May VAL under 60650.

Nearest liquidity pools:
above - 63026 / 64920 / 65700 / 67500
below - 61710 / 59930 / 58720 / 56850

Lines on the chart:
🔸72132 - May high
🔸71363 - March close
🔸69667 - week close
🔸68540 - week close (May)
🔸67577 - May close
🔸66653 - week close
🔸64025 - last April week close

Trend: D 🔽 W 🔼 M 🔼

🤑 F&G: 51 < 53 < 63 < 64 < 74

📉 #Bitcoin Daily 📈

$BTC short term zones of interest - above is developing May VAL around 65000, and below is May POC and developing quarter VAL around 62300-63000. Both have high chances for price visit, but I we don't know in which sequence. So make sense to wait and ignore price action in between.

My feelings are that Friday close for Gold and stocks was pretty bearish, although week candles look decent. So there might be a bearish start of next week. Crypto has weekend to prepare, but without volume I doubt it will move too far. Those zones of interest are my borders of expectations for these 2 days.

P.S. Look at fear and greed index. It finally took a dip to May pre-pump values. Pre-pump.

Nearest liquidity pools:
above - 64910 / 65350 / 66570 / 67400
below - 63000 / 62400 / 60480 / 58720 / 556850

Lines on the chart:
🔸72132 - May high
🔸71363 - March close
🔸69667 - week close
🔸68540 - week close (May)
🔸67577 - May close
🔸66653 - week close
🔸64025 - last April week close

#BTC Trend: D 🔽 W 🔼 M 🔼

🤑 F&G : 53 < 63 < 64 < 74 < 71

Last $ETH long made 2:1 RR ✅

Uncertain price action. I'd say equal chances for #Ethereum dip to ~3360 and for pump to ~3600.

Decisive for direction is close below ~3469 or above ~3534

BITCOIN CYCLES

This #Bitcoin cycle is different. No sense in denying it. ETF pumped money into BTC pushing it to ATH before halving. And now we have Ethereum ETF narrative and possibly others.

So will $BTC dip or not, I don't know, but at month chart it seems absolutely harmless and healthy to dip to... lets say 48.3-50.8k

If no dip happens - hallelujah! I don't mind. My plan remains the same in any case. I hodl till last quarter of 2025 and sell everything. After that we'll have 1-1.5 year of bear market.

📉 #Bitcoin Daily 📈

Bitcoin shows maximum choppiness. Don't know if intraday analysis make sense here. From week timeframe point of view there is nothing to do in crypto till $BTC reach bottom of the range which can be anywhere in between 58k and 61500. Everything else is intraday trading with high risk to get chopped out. Please understand me correct - I am not against intraday trading, but its impossible to post updates for it.

Anyway. I gave you idea about higher timeframe perspective. Short term we have two zones of interest - above is developing May VAL around 65200, and below is May POC and developing quarter VAL around 62400-63000. Don't try to trade #BTC in between of these levels.

Nearest liquidity pools:
above - 64910 / 65350 / 66570 / 67400
below - 62680 / 60480 / 58720 / 556850

Lines on the chart:
🔸72132 - May high
🔸71363 - March close
🔸69667 - week close
🔸68540 - week close (May)
🔸67577 - May close
🔸66653 - week close
🔸64025 - last April week close

Trend: D 🔽 W 🔼 M 🔼

🤑 F&G: 63 < 64 < 74 < 71 < 71

I suggest to wait for $SOL to close that day, before making any decisions. Close above 137.8 can be taken as first bullish sign (but certainly not a confirmation). Nearest strong resistance levels around 148 and 160. First one can be revisited even in bearish scenario.


Week 20SMA at ~152.1, so #SOL already got rejected from it once this Monday. And until it finds acceptance above that level, I'll take that chart as bearish with favor towards shorts.

📉 Bitcoin Daily 📈

#Bitcoin making an attempt to grow above developing quarter VWAP 👀 The move only started, so we don't yet see or know the result. If manage to find acceptance above - that will be short term bullish opening a potential to grow higher towards developing quarter VAH. If get rejected again, $BTC will collapse lower towards developing quarter VAL around ~62500.

At this stage I am still cautious, although willing to add some more to my long around 65500. At least to catch that trendline breakout.

Nearest liquidity pools:
above - 66100 / 66535 / 67430 / 69240
below - 64920 / 64550 / 63900 / 62700

Lines on the chart:
🔸72132 - May high
🔸71363 - March close
🔸69667 - week close
🔸68540 - week close (May)
🔸67577 - May close
🔸66653 - week close
🔸64025 - last April week close

#BTC Trend: D 🔽 W 🔼 M 🔼

🤑 F&G: 64 < 74 < 71 < 71 < 74

#ONDO has formed potential swing failure at Day chart.

For perfect bullish confirmation ONDO got to close day above ~1.21 and find acceptance there (so that the following candles won't get fast rejection back below). In this case will re-test 1.33-1.40 zone

$PEPE revisited 1340-1400 zone ✅ Hit 1390
#PEPE dipped to 950-1000 zone ✅ Hit 968

You want forecasts that work? Follow me. I'm boring and type too much words, but that is because I want you to understand what is going on. I don't promise moon, when its outside of what TA can forecast.

You want to get rekt? Follow clowns with FOMO breakout calls that shill different shit without any sense of responsibility for their followers. But yeah, reading them is more entertaining. Are you entertained?

$IO got to hold for that level to be able to recover fast and grow back to ~4.5-4.6

1H candle close below 3.66 will most probably push #IO price lower. Liquidity under 3.5 is so attractive 🐻

$NOT made another dip to 4H FVG, this time reaching the first level around 0.0145 I've marked week ago ✅

At this stage I don't think alts are worth analyzing on their own. In any case all depends on BTC and ETH. And stock market. And there we have some positivity, unlike in crypto. Even Gold grows back. So regardless NOT chart on its own, there is a chance for a bounce.

TA for #NOT is the following. We don't see any sufficient volume. That is bearish. Price action haven't formed a clear bottom. Therefore at this stage until NOT start trading above 0.0171 there are no reasons to be bullish on it.

Yes, you will miss the bottom, if you'll wait for 0.0171 (which is over 10% above), but you won't get trapped at fake bottom as well. I recommend to wait.

If there will be further dips, zones I've marked out week ago stay valid: 0.0132 / 0.0120

📉 #Bitcoin Daily 📈

I've been writing about 64k for ages and $BTC finally returned to that zone. Now bouncing back for bearish re-test of developing quarter VWAP. Bearish by default, unless price end up on the other side 😏

🔼 What is bullish over here? Revisited Day FVG EQ + and breakout level which correlated with touch of WEEK 20SMA at ~64200 + Day close above June 14th low, which may result in trapped shorts, what some call swing failure pattern (SFP). Plus we have news about SEC closing its investigation into Ethereum 2.0 - I don't like to trust in FA, but that can be very bullish and make Ethereum ETF much closer than we expected.

🔽 What is bearish here? Rejection from May close and range middle. That means that now chances to see BTC at range bottom are higher, than to see it at range top. Besides we don't see high enough volume to consider there was a capitulation (caused by liquidations and stops cascade). Blood on the streets is a "must have" factor for reversal revolution.


Nearest liquidity pools:
above - 66093 / 67420 / 69230 / 70800
below - 63830 / 62700 / 61800 / 60480

Lines on the chart:
🔸72132 - May high
🔸71363 - March close
🔸69667 - week close
🔸68540 - week close (May)
🔸67577 - May close
🔸66653 - week close
🔸64025 - last April week close

Trend: D 🔽 W 🔼 M 🔼

🤑 F&G: 64 < 74 < 71 < 71 < 74

#Ethereum dipped under 3427 touching dip buy zone again ✅
I wish I could say that it was it and we are done with the dips, but what kind of TA I would be if I throw around such unfounded statements? 😏

So be patient. At this stage we may count on more dips - this time under 3260. And if that won't happen we have to wait for price action to form some pattern that would give us a hint on reversal. So far there is none except for relatively good volume coming from each $ETH dip.

Choppy choppy #Bitcoin price action. Asians disagreed with US pump and dumped it back to the next liquidity pool under 64885. Considering price returned back below developing quarter VWAP, we have the same condition as yesterday with only difference that I moved range bottom lower to 65052.

Acceptance below dev Q VWAP will lead to range loss and dump to 63-64k and possible dips down to 59k (HTF range bottom).
If $BTC manage to come back above dev Q VWAP today or tomorrow, then nearest target will be dev Q VAH and May VAH around 68500-69000.

Nearest liquidity pools:
above - 67430 / 69230 / 70200
below - 64090 / 63080 / 60480

Lines on the chart:
🔸72132 - May high
🔸71363 - March close
🔸69667 - week close
🔸68540 - week close (May)
🔸67577 - May close
🔸66653 - week close
🔸64025 - last April week close

#BTC Trend: D ▶️ W 🔼 M 🔼

🤑 F&G: 74 < 71 < 71 < 74 < 74

#Ethereum almost got to the target zone I've marked 6 days ago. Missed by 21 dollar. But I'm yet cautious about bullish entries. Last 12H closed bearish, so I believe this chart will require another day or two to draw some certainty. Till then we may expect dips under 3427 and possibly to that zone I've marked as well.

Level at 3650 remains decisive for mid term direction. $ETH got to find acceptance above it to go for new ATH.

📉 Bitcoin Daily 📈

#Bitcoin closed week at 66653. That was above higher timeframe range middle and above developing quarter VWAP. Can't say this price action looks bullish, but at least it hasn't yet completely wiped out all the bulls. In short term perspectives there is still a chance for a bounce to May close this week.

Higher timeframe picture and conditions remain the same. Acceptance below 66k will lead to $BTC drop down to 63-64k and possible dips down to 59k (HTF range bottom). Last week close gives me bearish vibes - even if this week close above range middle chances to see those dips are close to "guaranteed".

Nearest liquidity pools:
above - 67260 / 67720 / 69195 / 70290
below - 65675 / 64885 / 64220 / 63080

Lines on the chart:
🔸72132 - May high
🔸71363 - March close
🔸69667 - week close
🔸68540 - week close (May)
🔸67577 - May close
🔸66653 - week close
🔸64025 - last April week close

#BTC Trend: D ▶️ W 🔼 M 🔼

🤑 F&G: 71 < 71 < 74 < 74 < 70

#Bitcoin dipped below the range which it started forming on May 15 - precisely one month ago with middle around ~69060 and top at ~72130. That move liquidated stops under 65800 which I indicated yesterday as a guaranteed target for bearish move ✅

If the following days $BTC price close above range bottom, it will be a failed bearish swing with potential to return back to the middle, and potentially to the top. Only theoretically! So far looks like shit =)

If the following days price start trading below 66k, it will lead to further retracement to 64k / 63 and possible dips down to 59k (higher timeframe range bottom).

Nearest liquidity pools:
above - 67720 / 69195 / 70390
below - 64950 / 64270 / 63080

Lines on the chart:
🔸72132 - May high
🔸71363 - March close
🔸69667 - week close
🔸68540 - last week close
🔸67577 - May close
🔸66239 - week close
🔸64025 - last April week close

#BTC trend: D ▶️ W 🔼 M 🔼

🤑 F&G: 74 < 74 < 70 < 72 < 74