📊 Technical Analysis
● Triple bounce at 104.8 k-105 k and the violet trend-line created fresh higher-lows while keeping price above the May demand block.
● A two-week falling trend-line has just been cleared and retested, unlocking the next pivot at 108 k; flag depth from 105 k projects to the 111.7 k supply/upper channel rail.
💡 Fundamental Analysis
● FXStreet highlights US job openings at a 3-yr low, pressuring yields, while CoinShares tracks another $450 m spot-ETF inflow and exchange balances at a 4-yr trough, signalling a tightening float.
✨ Summary
Buy 104.8-106 k; clearance of 107 k aims for 111 k, stretch 115 k. Long thesis void on a 2 h close < 103 k.
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● Triple bounce at 104.8 k-105 k and the violet trend-line created fresh higher-lows while keeping price above the May demand block.
● A two-week falling trend-line has just been cleared and retested, unlocking the next pivot at 108 k; flag depth from 105 k projects to the 111.7 k supply/upper channel rail.
💡 Fundamental Analysis
● FXStreet highlights US job openings at a 3-yr low, pressuring yields, while CoinShares tracks another $450 m spot-ETF inflow and exchange balances at a 4-yr trough, signalling a tightening float.
✨ Summary
Buy 104.8-106 k; clearance of 107 k aims for 111 k, stretch 115 k. Long thesis void on a 2 h close < 103 k.
-------------------
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📊 Technical Analysis
● Price printed a bullish hammer on the violet up-trend and 103 k demand, keeping the higher-low series inside the 7-week rising channel.
● The short-term falling wedge that capped recovery since 27 May broke topside and was retested at 105 k; its 1.618 swing aligns with the 111 k–112 k supply/channel roof.
💡 Fundamental Analysis
● Another US$210 m went into spot-BTC ETFs on 4 Jun while exchange balances slipped to a 4-year low (CryptoQuant), underscoring tightening tradable float despite macro uncertainty.
✨ Summary
Long 104–106 k; wedge breakout >107 k targets 111 k then 115 k. Bull bias void on an H4 close below 103 k.
-------------------
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Crypto signals in telegram
@DeGRAMCrypto
🔻FREE Telegram channel🔻
t.me/DeGRAMChannel
Crypto signals in telegram
@DeGRAMCrypto
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.
90% accuracy in telegram
🔻FREE Telegram channel🔻
t.me/DeGRAMChannel
Crypto signals in telegram
@DeGRAMCrypto
🔻FREE Telegram channel🔻
t.me/DeGRAMChannel
Crypto signals in telegram
@DeGRAMCrypto
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.