CryptoBullet
1. $ETH Open Interest (Binance) is the highest it's ever been 2. $ETHUSD is approaching the 200-Week MA Resistance 🌚
$ETH update
Got rejected by the 200-Week MA as expected 🔨
I'm expecting more downside 📉
Got rejected by the 200-Week MA as expected 🔨
I'm expecting more downside 📉
So, the monthly candle closed green, the red streak is broken. Not a big deal to be honest
A wick up to 0.618 Fib ($71.7k) is possible this month.
Anyway, I’m expecting April to be red
#BTC
A wick up to 0.618 Fib ($71.7k) is possible this month.
Anyway, I’m expecting April to be red
#BTC
CryptoBullet
Are you paying attention yet? 😏
$ADI FDV $4.3B vs $ZK FDV $0.34B 🥴
Something seems overvalued (in current market conditions) and something is terribly undervalued.
Something seems overvalued (in current market conditions) and something is terribly undervalued.
CryptoBullet
$SOL/ETH 1W update Nice lower high 👌😁 Expecting $SOLETH to go even lower!
$SOL/ETH update
It took a while but $SOL broke the Aug ’25 low against $ETH as expected. Now it should accelerate to the downside 📉
It took a while but $SOL broke the Aug ’25 low against $ETH as expected. Now it should accelerate to the downside 📉
CryptoBullet
Visiting the same Support for the 6th time in a downtrend is...BEARISH $SOL 1D
$SOL testing the Support for the 7th time 😥
This looks awfully bearish
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This looks awfully bearish
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#BTC MVRV Z-Score
No way $60k was the Bear Market bottom. MVRV hasn’t even dipped into the green bottoming zone yet!
And in terms of timing, we still have 6 months of bear market left.
📉 Another major drop is inevitable, whether you like it or not
No way $60k was the Bear Market bottom. MVRV hasn’t even dipped into the green bottoming zone yet!
And in terms of timing, we still have 6 months of bear market left.
📉 Another major drop is inevitable, whether you like it or not
CryptoBullet
#BTC Puell Multiple Indicator Those Bear Divs look good, don’t they? 😌
CryptoBullet
#Bitcoin Puell Multiple update Those Bear Divs did a pretty good job: #BTC fell from $107k to $60k 😉 So is that enough to call it the end of the bear market? No! 👉 The Puell Multiple has to dip into its green bottoming zone 📉 Another major drop is inevitable…
Every bear market the Puell Multiple dips into the green bottoming zone
That always corresponds to the #BTC bear market bottom
We’re not there yet. Be patient 👌
That always corresponds to the #BTC bear market bottom
We’re not there yet. Be patient 👌
CryptoBullet
Every bear market the Puell Multiple dips into the green bottoming zone That always corresponds to the #BTC bear market bottom We’re not there yet. Be patient 👌
'The Puell Multiple didn’t top in the red zone, so it might not bottom in the green zone'
👆 That's such a wrong take, no wonder 90% of people missed the Cycle Top thinking it would get to the levels seen in 2013 or 2017.
👉 Each cycle the indicator prints a LOWER HIGH and $BTC shows diminishing returns
👆 That's such a wrong take, no wonder 90% of people missed the Cycle Top thinking it would get to the levels seen in 2013 or 2017.
👉 Each cycle the indicator prints a LOWER HIGH and $BTC shows diminishing returns
#BTC
Bullish weekly MACD cross is a very misleading signal, especially in a Bear Market
In the 2022 Bear Market we had 2 bullish MACD crosses:
1. March 2022 (led to a -62% meltdown)
2. August 2022 (led to a -35% final capitulation)
In other words, a bullish weekly MACD cross is a classic Bull Trap in a Bear Market 📉
Bullish weekly MACD cross is a very misleading signal, especially in a Bear Market
In the 2022 Bear Market we had 2 bullish MACD crosses:
1. March 2022 (led to a -62% meltdown)
2. August 2022 (led to a -35% final capitulation)
In other words, a bullish weekly MACD cross is a classic Bull Trap in a Bear Market 📉
CryptoBullet
💡 Another on-chain indicator I'm keeping an eye on is the NUPL Clearly $60k is not the Bear Market bottom. $BTC is going much lower this year 📉 This short-term rally (barely noticeable on this chart lol) changes absolutely nothing. Mid term looks really…
❓ 'NUPL didn't hit the red topping zone and the top was in, so why should it reach the bottoming zone now?'
Well, the NUPL wasn't supposed to hit the red Euphoria/Greed Zone this cycle. See that red Resistance line?
Each cycle the indicator prints a LOWER HIGH for the Cycle Top and a Higher Low for the Bottom
Well, the NUPL wasn't supposed to hit the red Euphoria/Greed Zone this cycle. See that red Resistance line?
Each cycle the indicator prints a LOWER HIGH for the Cycle Top and a Higher Low for the Bottom