🛑🛑🛑BTC Urgent Update🛑🛑🛑
1️⃣ Recently, I mentioned that the critical area for BTC was around 70,500. Surprisingly, it briefly rose to 71,900 and held at 71,500 for a short time. As predicted, BTC began to fall due to unsustainable gaps, and now ETH is also experiencing a gradual correction. I anticipate ETH could drop to 3,500, though 3,320 seems more likely due to negative candle gaps. BTC, however, has strong support levels: the downtrend area around 69,000 and the uptrend area around 67,000, both suggesting potential bounces. The crucial support at 65,500 is very robust, making it difficult to break. Expect some fluctuations due to upcoming news, which might be negative. Trade cautiously during this period.
2️⃣ Moving on to liquidity and the dollar index, the return to the 2.507 support area is promising, suggesting a potential retest and rise to 2.700-2.900. For the dollar index, I foresee a sharp decline to the 3.50-3.95 range or even down to 3.30, especially with the potential approval of ETH ETF funds. This could trigger a significant rally and possibly the start of a true Bull Run in the coming weeks.
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