👋 Welcome to TradeCity Pro!
Let’s move on to the Bitcoin and major crypto index analysis. As usual, I’m going to review the triggers for the New York futures session.
⏳ 1-Hour Timeframe
As you can see on the 1-hour chart, yesterday we had a bullish move that extended up to the 106247 level.
🔍 However, as I previously mentioned, this is a very sensitive zone for price action, and we might see sharp reactions from it. That’s exactly what happened—price faced a strong rejection after reaching this level and dropped down to 102882.
📊 Market volatility is currently very high, and the risk of getting stopped out in either direction is significant. So we need to be cautious and avoid getting caught in fake moves.
💥 Personally, I recommend avoiding trades right after such volatility and waiting for a new structure to form. But if you’re planning to take a position, keep the risk very low.
⚡️ For a short position, our first trigger is a break below 101628. Alternatively, we could also enter based on how the price reacts to 102882.
📈 For a long position, we currently have no clear setup until price structure forms. The only long triggers I can give for now are the breakouts of 104800 and 106247.
👑 BTC.D Analysis
Bitcoin dominance has started a new uptrend and has even closed above 63.71. Given the healthy structure of this trend, if 64.04 breaks, we can confirm a full bullish breakout for BTC.D.
💫 If BTC dominance continues rising while the market moves up, Bitcoin will likely outperform most altcoins.
📅 Total2 Analysis
Looking at Total2, the 1.17 support broke yesterday, and now this index is set up for further downside correction. For now, it seems the market is in a decision-making phase.
🧲 If we get a lower low and lower high below 1.17, the chance of a move toward 1.1 increases significantly.
📅 USDT.D Analysis
Now for USDT dominance—yesterday it faked out the 4.60 level twice and is currently holding above 4.70, heading toward 4.82.
🧩 If this move turns out to be a fake and price stabilizes below 4.70 again, it would give us a strong signal for a bullish market and a bearish turn for USDT dominance.
❌ Disclaimer ❌
Trading futures is highly risky and dangerous. If you're not an expert, these triggers may not be suitable for you. You should first learn risk and capital management. You can also use the educational content from this channel.
Finally, these triggers reflect my personal opinions on price action, and the market may move completely against this analysis. So, do your own research before opening any position.
Let’s move on to the Bitcoin and major crypto index analysis. As usual, I’m going to review the triggers for the New York futures session.
⏳ 1-Hour Timeframe
As you can see on the 1-hour chart, yesterday we had a bullish move that extended up to the 106247 level.
🔍 However, as I previously mentioned, this is a very sensitive zone for price action, and we might see sharp reactions from it. That’s exactly what happened—price faced a strong rejection after reaching this level and dropped down to 102882.
📊 Market volatility is currently very high, and the risk of getting stopped out in either direction is significant. So we need to be cautious and avoid getting caught in fake moves.
💥 Personally, I recommend avoiding trades right after such volatility and waiting for a new structure to form. But if you’re planning to take a position, keep the risk very low.
⚡️ For a short position, our first trigger is a break below 101628. Alternatively, we could also enter based on how the price reacts to 102882.
📈 For a long position, we currently have no clear setup until price structure forms. The only long triggers I can give for now are the breakouts of 104800 and 106247.
👑 BTC.D Analysis
Bitcoin dominance has started a new uptrend and has even closed above 63.71. Given the healthy structure of this trend, if 64.04 breaks, we can confirm a full bullish breakout for BTC.D.
💫 If BTC dominance continues rising while the market moves up, Bitcoin will likely outperform most altcoins.
📅 Total2 Analysis
Looking at Total2, the 1.17 support broke yesterday, and now this index is set up for further downside correction. For now, it seems the market is in a decision-making phase.
🧲 If we get a lower low and lower high below 1.17, the chance of a move toward 1.1 increases significantly.
📅 USDT.D Analysis
Now for USDT dominance—yesterday it faked out the 4.60 level twice and is currently holding above 4.70, heading toward 4.82.
🧩 If this move turns out to be a fake and price stabilizes below 4.70 again, it would give us a strong signal for a bullish market and a bearish turn for USDT dominance.
❌ Disclaimer ❌
Trading futures is highly risky and dangerous. If you're not an expert, these triggers may not be suitable for you. You should first learn risk and capital management. You can also use the educational content from this channel.
Finally, these triggers reflect my personal opinions on price action, and the market may move completely against this analysis. So, do your own research before opening any position.
💥 Don’t Miss Out!
🏆 Best Crypto Exchange: bitunix.com/register?vipCode=TCPINT
💰 Join the Telegram Channel Now: t.me/Tradecityproint
🤵 Business Contact: Tradecityproteam@gmail.com
🏆 Best Crypto Exchange: bitunix.com/register?vipCode=TCPINT
💰 Join the Telegram Channel Now: t.me/Tradecityproint
🤵 Business Contact: Tradecityproteam@gmail.com
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
💥 Don’t Miss Out!
🏆 Best Crypto Exchange: bitunix.com/register?vipCode=TCPINT
💰 Join the Telegram Channel Now: t.me/Tradecityproint
🤵 Business Contact: Tradecityproteam@gmail.com
🏆 Best Crypto Exchange: bitunix.com/register?vipCode=TCPINT
💰 Join the Telegram Channel Now: t.me/Tradecityproint
🤵 Business Contact: Tradecityproteam@gmail.com
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.