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Let’s dive into Bitcoin and the key crypto indices. As usual, I’ll be reviewing the futures triggers for the New York session.
⏳ 1-Hour Timeframe
On the 1-hour chart, the 105800 trigger was activated yesterday and Bitcoin’s trendline was broken. However, the price failed to hold above 105800 and quickly fell back below, making it a fake breakout.
⚡️ For now, I’m keeping the 105800 level as the long trigger to observe how the price reacts. We need to wait for a clear reaction to this zone to better refine the trendline. On the next test, if it breaks successfully, we can enter a long position.
🔍 If a higher low forms above 103899 and the RSI finds support above 50, the likelihood of breaking the 105800 resistance increases, potentially leading to a stronger upward move.
✨ On the short side, since the 105800 breakout failed, bearish momentum could increase. A breakdown below 103899 would trigger a short position with a target at 10750.
If you’ve already opened a short position before this trigger, be aware that it's a risky trade and shouldn’t be relied on as a long-term position.
👑 BTC.D Analysis
The downtrend in Bitcoin dominance has continued following the breakdown of 64.29, and now it has also broken below 64.15, heading toward 63.87.
⭐ For now, BTC dominance is temporarily bearish. If the market corrects, Bitcoin might fall harder, but if the market recovers, altcoins could perform better — unless BTC dominance reverses trend.
📅 Total2 Analysis
Yesterday, the long trigger at 1.16 was activated, and now the index has reached 1.18. Thanks to falling Bitcoin dominance, altcoins have outperformed Bitcoin.
✔️ If 1.18 breaks, the uptrend could continue. Key levels to watch next are 1.21 and 1.24.
📅 USDT.D Analysis
This index formed a lower high below 4.79 yesterday and is now retesting 4.70 after breaking below it.
🎲 If this pullback gets rejected, it confirms weakness in USDT dominance — which supports long positions on altcoins. However, if USDT.D climbs back above 4.70 and it turns into a fake breakdown, there’s a strong chance it could revisit 4.79 or even break that resistance.
❌ 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 dive into Bitcoin and the key crypto indices. As usual, I’ll be reviewing the futures triggers for the New York session.
⏳ 1-Hour Timeframe
On the 1-hour chart, the 105800 trigger was activated yesterday and Bitcoin’s trendline was broken. However, the price failed to hold above 105800 and quickly fell back below, making it a fake breakout.
⚡️ For now, I’m keeping the 105800 level as the long trigger to observe how the price reacts. We need to wait for a clear reaction to this zone to better refine the trendline. On the next test, if it breaks successfully, we can enter a long position.
🔍 If a higher low forms above 103899 and the RSI finds support above 50, the likelihood of breaking the 105800 resistance increases, potentially leading to a stronger upward move.
✨ On the short side, since the 105800 breakout failed, bearish momentum could increase. A breakdown below 103899 would trigger a short position with a target at 10750.
If you’ve already opened a short position before this trigger, be aware that it's a risky trade and shouldn’t be relied on as a long-term position.
👑 BTC.D Analysis
The downtrend in Bitcoin dominance has continued following the breakdown of 64.29, and now it has also broken below 64.15, heading toward 63.87.
⭐ For now, BTC dominance is temporarily bearish. If the market corrects, Bitcoin might fall harder, but if the market recovers, altcoins could perform better — unless BTC dominance reverses trend.
📅 Total2 Analysis
Yesterday, the long trigger at 1.16 was activated, and now the index has reached 1.18. Thanks to falling Bitcoin dominance, altcoins have outperformed Bitcoin.
✔️ If 1.18 breaks, the uptrend could continue. Key levels to watch next are 1.21 and 1.24.
📅 USDT.D Analysis
This index formed a lower high below 4.79 yesterday and is now retesting 4.70 after breaking below it.
🎲 If this pullback gets rejected, it confirms weakness in USDT dominance — which supports long positions on altcoins. However, if USDT.D climbs back above 4.70 and it turns into a fake breakdown, there’s a strong chance it could revisit 4.79 or even break that resistance.
❌ 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.
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🏆 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.