🤔Thoughts on the market

#BTC is still pressed to the lower border of the triangle and, it seems, does not want to move anywhere yet, however:

1️⃣ Spot IBIT from BlackRock draws a triangle and is going to continue to grow, both locally and globally, in the medium term - 90% up. This will most likely drag the entire crypto market along with it.

2️⃣ Support at the level of $65438 is still confidently holding, and the shadows of the candles cannot pass the edge of the triangle and receive a reaction, which so far calms and gives hope that the cue ball will be able to wait for a buyer at the existing levels

3️⃣Alta capitalization also remains above resistance levels, which can also turn the situation positively

4️⃣ Many alts have already unloaded on the daytime TF, although yesterday it was only on the 4h TF

BTC volatility is falling and will fall in the next few days, which will likely last until the halving or any serious data/events, at the same time, BTC dominance may rise in the coming days by 0.5-1% and it is highly desirable that in at that moment the money went into viola too😱

💭It’s still difficult to say when growth will begin in the market, but judging by IBIT, most likely tomorrow or the day after tomorrow

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