The pace of net capital inflow into $BTC has slowed, signaling a delicate balance between profit-takers and those facing losses. Historically, these quiet phases often set the stage for major volatility spikes.
Bitcoin is consolidating within a descending broadening wedge pattern. Currently, it is testing the Ichimoku Cloud, which is acting as a support, while the 50-day and 100-day moving averages both are serving as resistance barriers.
A successful hold above the Ichimoku Cloud could signal a bullish trend, whereas a breakdown below the Ichimoku Cloud may indicate a bearish trend. #BTC☀ #BTC500K
$ETH ETH broke the trendline support but didn’t experience a major drop. Now, the price is testing the resistance area. If it manages to break above, we could see a move toward the $3000 level. Keep an eye on this crucial zone!
Selling pressure from miners is easing, with data showing they have stopped selling. This is a positive sign for the market, potentially setting the stage for an upward rally.
$KDA is currently hinting at a bullish continuation from a critical support zone at $0.40. Price follows a falling wedge pattern, and now it's gearing up to break above the descending resistance line. Internal resistance at $0.900is the next target for $KDA .
If #KDAUSDT holds strong at this level, we could be on the verge of a significant bullish rally, echoing previous trends. A breakout above the key resistance at $0.900might set the stage for a run toward the next resistance zones and beyond.
However, caution is essential. If the momentum falters at this critical support, we might witness a rebound from the lower support area around $0.350–$0.400.