We have ASK disbalance in this range. And it was not real growth, cuz it was a growth without market purchases. Perhaps we can see the price a little higher until we go down but it's doesn't matter. The buyer works only with limit demand, and the seller still here and wait for the time to sell. Z-coef 1D almost on the critical short zone, so we will see a dump soon.
My last idea about BTC dominance played out exactly as expected. Now, many people are worried about their investments in altcoins; all they see are red candles, which is understandable since dominance has been increasing this whole time. Currently, it stands at 57.5%. The final target is 60%, which aligns with the 0.618 Fibonacci level and a major global order...
Very technical. A global trend, followed by a correction to the 0.618 Fibonacci level and the global order block, which is also the PoC (Point of Control) of the entire trend movement. We're clearly moving within a kind of wedge. We haven't been fans of technical analysis for a while, but part of it will always stay with us. I think this is one of those moments...