Weekly candles are looking cozy, we'll just treat them as bait until the market proves otherwise

CME gap filled, range lows getting retested, everyone scared to death, all while #Bitcoin# still trades at $117k, less than 6% away from all-time highs.
Relax.

New day, same shit - the Americans woke up and started selling.
Time to backtest the lows from yesterday - want to see a LTF higher low form to confirm local bottom.
Hold grey box again, and we likely push back to $120,000 next.
#Bitcoin#

Global liquidity still leads the way - to $150,000.
Stick to the plan.
#Bitcoin#

#Bitcoin# recovering well from that post-PPI panic.
Price held the support level - the CME gap filled for 75%, price is now back above the 4h 50EMA.
$120,000 remains the area to turn into support, once that's done -> price discovery is next.

As usual, the timeline wants you to believe #Bitcoin# looks far worse than it does.
Breakout + Retest = 🌙

One last hurdle before $ETH finally goes to the promised land.
5 figures for 1 Vitalik coin.
Bring it on.

Higher highs, higher lows.
The trend is your friend - keep it simple.
#Bitcoin# (daily)

Shallow dips, hard rips has been the theme for $ETH these past weeks.
Doubt today will be any different.
Time for the old-fashioned operation: save the weekly.
Pump it.

#Bitcoin# bouncing after partially filling the CME gap.
Get back above 120k and we can forget about the scary PPI number - and move on to higher prices.
Until then, it remains an Altcoins world.

Partial gap fill so far, with another hour to go before the 4h close.
4h 50ema holding so far as well.
Daily close above $120k would be great - let's see what the evening brings.
#Bitcoin#

Years of pressure being built.
$ETH finally looks ready to go price-discovery mode.
The last time that happened, it climbed over 200% in less than 120 days.
That'd put ETH around the $10k mark before the year is out 👀

$ETH holding strong despite the PPI-selloff today - turning the current highest ever weekly close into support.
Bear defenses falling one by one, feels like price discovery is a matter of time.

The total crypto market cap is turning its previous all-time high of $4T into support today 👀
$5T next?
#Altcoins# / #Bitcoin#

Don't let a little volatility distract you from the fact that $ETH's monthly chart looks like this 👇🏼