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Let’s get into the analysis of Bitcoin and key crypto indices. As usual, in this analysis I’ll review the triggers for the New York futures session.
⏳ 1-Hour Timeframe
As you can see in the 1-hour timeframe, Bitcoin is finally stabilizing above the 95,370 level. If this movement continues and the price stays above this level, the likelihood of a move up to 98,828 increases.
✔️ Over the past few days, I’ve strongly emphasized that you should open a position once 95,370 breaks. I hope you did, because that entry point was very significant, and breaking it could mark the beginning of Bitcoin’s next bullish leg.
💥 Currently, RSI is entering the Overbought zone, and if that happens, the chances of a sharp upward move increase. Buying volume is also rising, which is expected when a resistance level is broken.
📊 At the moment, opening new positions doesn't make much sense. If you already have an open position, I recommend riding the market momentum and taking profits whenever you notice momentum fading.
👑 BTC.D Analysis
Bitcoin dominance dropped slightly yesterday and returned below the 64.60 level. If this level is broken again, we can reconfirm the bullish sentiment.
🧩 If dominance gets rejected from the 64.60 ceiling, it’s likely to drop back down to the 64.22 support level.
📅 Total2 Analysis
Let’s look at Total2. Yesterday we saw a downward correction that extended to the 1.00 level. If you recall, I previously said I wouldn’t consider a trend reversal confirmed just from the 1.03 break — I’d wait for a break of the 1.00 support.
🔑 That’s why I didn’t close any of my positions at 1.03 and instead waited to see how the price would react at 1.00. As shown, the price reacted strongly at that level and quickly returned above 1.03.
✨ If the 1.05 level breaks, altcoins — just like Bitcoin — could begin a new bullish leg.
📅 USDT.D Analysis
Now let’s look at USDT dominance. Yesterday, it made a bullish move and broke above the 5.10 level, but the entire move turned out to be a fakeout, and the price dropped back below 5.10.
⭐ Currently, dominance is heading toward the 4.99 support. The main trigger for a bullish market shift is the break of this 4.99 level in Tether dominance. If this happens, altcoins will likely begin their bullish moves.
❌ 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 get into the analysis of Bitcoin and key crypto indices. As usual, in this analysis I’ll review the triggers for the New York futures session.
⏳ 1-Hour Timeframe
As you can see in the 1-hour timeframe, Bitcoin is finally stabilizing above the 95,370 level. If this movement continues and the price stays above this level, the likelihood of a move up to 98,828 increases.
✔️ Over the past few days, I’ve strongly emphasized that you should open a position once 95,370 breaks. I hope you did, because that entry point was very significant, and breaking it could mark the beginning of Bitcoin’s next bullish leg.
💥 Currently, RSI is entering the Overbought zone, and if that happens, the chances of a sharp upward move increase. Buying volume is also rising, which is expected when a resistance level is broken.
📊 At the moment, opening new positions doesn't make much sense. If you already have an open position, I recommend riding the market momentum and taking profits whenever you notice momentum fading.
👑 BTC.D Analysis
Bitcoin dominance dropped slightly yesterday and returned below the 64.60 level. If this level is broken again, we can reconfirm the bullish sentiment.
🧩 If dominance gets rejected from the 64.60 ceiling, it’s likely to drop back down to the 64.22 support level.
📅 Total2 Analysis
Let’s look at Total2. Yesterday we saw a downward correction that extended to the 1.00 level. If you recall, I previously said I wouldn’t consider a trend reversal confirmed just from the 1.03 break — I’d wait for a break of the 1.00 support.
🔑 That’s why I didn’t close any of my positions at 1.03 and instead waited to see how the price would react at 1.00. As shown, the price reacted strongly at that level and quickly returned above 1.03.
✨ If the 1.05 level breaks, altcoins — just like Bitcoin — could begin a new bullish leg.
📅 USDT.D Analysis
Now let’s look at USDT dominance. Yesterday, it made a bullish move and broke above the 5.10 level, but the entire move turned out to be a fakeout, and the price dropped back below 5.10.
⭐ Currently, dominance is heading toward the 4.99 support. The main trigger for a bullish market shift is the break of this 4.99 level in Tether dominance. If this happens, altcoins will likely begin their bullish moves.
❌ 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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🤵 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.