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Sunday Report
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$BTC đ° #Bitcoin It's more of bullish signs as we entered into Uptoberđ 1ïžâŁ Local Structure switched to higher lows + higher highs 2ïžâŁ We broke and fixed above the strong support confluence of EMA 200 + EMA 100 + EMA 50 + 60k Key Level Most likely scenario is consolidation between $60k & $65k level before we break out of the Bullish Flagđ Fakeout below $60k is more than possible though, so be careful!
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$SUI $SUI 1W chart Does anyone doubt that Major Resistance will be broken? Given this strength of $SUI I donât think anything can stop it đ„ Recently #Sui crossed $1B in TVL and flipped #Polygon & #Avalanche ! Some people ask me if theyâll get a chance to buy $SUI at $1 again. My answer is NO. The lowest I can see it go on a pullback is $1.4 (if weâre lucky) $SUI breakout will legendary đđ€«
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Itâs really fascinating to see this pattern BTC above 65k people are absolutely bullish and fear and greed index skyrockets toward greed region. BTC below 62k and people are absolutely scared and fear and greed index goes straight to fear region This usually happens in Accumulation and distribution phase. The only question you need to ask? Who is the one that is in distribution and who is the one accumulating. Watching whales activity and BlackRock ETF inflows + Retail and small BTC holder activity and you have a clear answer. The accumulation is on big players hands while selling is on small players hands. Now ask the next question. What market maker sentiment is currently in the market, are they creating a bullish or bearish sentiment? The answer is clear again. Now itâs up to you to decide following the smart money or the retail decisions.
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#ALTCOINS update The altcoins index (OTHERS) never gave the second and main bullish confirmation. Instead, it was strongly rejected from the resistance zone (dark zone), showing weakness. From here, we could see a last drop to the blue ''buy zone''. No need to worry if this happens. In fact, it could present a great buying opportunity. We have to adapt to what the market gives us.
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