Dominance $BTC 56.33% has been slowly declining for the second day. BTC reached $102,550 and has pulled back. If the strength of buyers does not fade, we may go higher once again. Important:
$BTC has formed an ascending triangle with a breakout target of $103,600 for clearing the limit orders of short sellers, after which a correction to $99,950 may occur.
The second option: a decline has already begun, and BTC will liquidate long positions. The target is mentioned above.
As for $ETH , the target remains the same: a breakout at $4,000 with a rise to $4,130, after which we will enter a correction.
On the other hand, there are huge liquidations of long positions accumulated at $3,900. The probability of scenarios is 80/20 percent.
Again, I don’t have a crystal ball, and I don’t read cards. Only technical analysis, volumes, indicators, and experience.
Trade wisely and earn! Subscribe, there will be much more interesting content ahead.
