Bitcoin Shakes Off Market Chaos as Traders Pile Into Even Riskier Assets: Analysis - adtechsolutions

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Bitcoin Shakes Off Market Chaos as Traders Pile Into Even Riskier Assets: Analysis


Briefly

  • Bitcoin holds a stable close to $ 102,000 because the FED holds rates at 4.25-4.50%and oil prices jumped over $ 78
  • Meme Coins SPX6900 and Fartcoin increase 15%and 13%, or seemingly immune to macro factors.
  • Technical indicators show the construction of biking momentum for meme coins, while the main cryptocurrency consolidates

Bitcoin and the wider cryptocurrency market showed extraordinary resistance on Monday, as oil prices fell close to 6% after they touched the five -month tall after the weekend after US air attacks against Iran and the fears that Iran would close the strait ormuz.

The S&P 500 increased to 6,006 points today, gaining 0.52% compared to the previous session, hovering only through the psychologically important 6,000 levels of the first violated earlier this month. Federal reserves held rates for the fourth meeting of 4.25%-4.5%in a row, maintaining their approach to waiting and watching in the midst of insecurity regarding tariff influences and tensions in the Middle East.

Gold sits near $ 3,388 per oz While investors keep their bets while A large drop of oil today It removes one care of inflation from the Fed radar and shows that markets do not see global escalation at least in the short term.

But this is a cryptocurrency, and although the institutions could carefully decide where to invest, retail traders accumulate high -risk coins, high rewards that look immune to macroeconomic factors.

Bitcoin and Ethereum: Majors indicates time

Bitcoin received 2.35% for a store at $ 102,044 in the past 24 hours, abjecting from an episode of panic episode for a weekend that has been up to $ 99,000. This move is a critical test psychologically important level of $ 100,000, which enchanted participants in the market, strengthening its position as a solid stopping of support.

The relative strength index at 58 indicates a slight bull’s momentum without approaching an overblown territory (above 70). This reading “Goldilocks” suggests that Bitcoin has room to run more without starting the current acceptance of profit. RSI measures whether the assets are overstated (above 70) or rollover (below 30). Imagine this as a market temperature meter. When the RSI falls below 30, it often signals that the sellers have been exhausted, setting potential jumps.

Bitcoin is currently trading above its 50-week EMA (approximately $ 86,000 based on charts), but faces resistance to multiple time frames convergence. The widespread gap between the average price of bitcoin during the last 500 weeks and 200-week EMA usually indicates permanent purchase pressure, which traders usually interpret as a bull for medium-term owners.

The key levels for Bitcoin are quite close because the coin has been traded aside for some time:

  • Immediate Support: $ 100,000 (Psychological Level and Option concentration)
  • Strong Support: $ 86,000 (EMA EMA ZONE of 50 weeks)
  • Immediate resistance: $ 107,000 (recent rejection point)
  • Powerful resistance: $ 110,000 (high -territory high -high time)

The Ethereum Week chart tells the more constructive story, and the second largest currency crypto was traded to $ 2,285 after a big price jump in April. The technical setting suggests the accumulation below the resistance.

The RSI at 47 sits on neutral territory, indicating neither too many nor over conditions. This medium -sized reading is often preceded by directed moves, as it shows that the market has digested recent gains without excessive sales pressure. Traders consider the PO-50 RSI during the upgrade as a potential purchase possibility.

It is significant that ADX remains below the level of a trend of 25 at 22, suggesting that Ethereum consolidates rather than trend. This low reading ADX after a strong move usually indicates the accumulation before the next leg, especially when the price is held above the moving average.

And 50-day EMA ($ 2,480) and 200-day EMA ($ 2,093) frame the current price. The current price of current prices trade around $ 2,245, far below 20/50 EMA clusters near $ 2,480 to $ 2,525. The fact that Eth bounced off from 200-day Emma shows that this long-term moving average acted as a magnet for customers. It is worth noting that institutional algorithms often target these levels.

Key levels:

  • Immediate support: $ 2,200 (50-week EMA)
  • Strong Support: $ 1,800 (200-week EMA)
  • Immediate resistance: $ 2,600 (recent rejection zone)
  • Strong resistance: $ 3,000 (psychological level)

SPX6900: Momenting Building

The 24-hour Meme Coin SPX6900 chart exploded with a double-digit gain at $ 1.35 before correcting at the current $ 1.35. This is sufficient for 14.5% of the spikes from yesterday’s immersion, showing the raw power of the torque of the meme coin when the conditions are aligned.

The RSI at 44 may seem to bear at first glance, but the context is key. After a violent sale, this recovery from the overturned conditions (below 30) is a change in swing. In other words, yes, people sell a lot, but not so many days ago, which means there are fewer sellers in the game and recovery could start.

However, ADX in 36 signals a strong trendy environment. Readings above 25 confirm the power of the trend, while above 35 indicates a strong movement of the directed. This is typical of volatile meme coins that claim in both directions. Bear trend is still in the game, but the lower ADX can signal exhaustion from the bear compared to the previous days.

Price action shows that bears could put prices below EMA50 (average of the last 50 days), but the momentum lasted only a few days and the price is recovering. Successful Sub-1,00 level defense prevented a deeper correction and attracted fresh purchases and rejected the scenario of a potential cross of death in the near future. So, for now, you can breathe – what does that mean for traders of coins.

Key levels:

  • Immediate Support: $ 1.10 (Re -Test Level)
  • Strong Support: $ 0.93 (Recent Bounce Zone)
  • Immediate resistance: $ 1,50 (round number resistance)
  • Strong resistance: $ 1.77 (high all the time)

Fartcoin: Technically bounce satisfies interest in whales

Despite the correction, Fartcoin shows an extraordinary power with 13% rush from yesterday to $ 1.10, guided by a combination of technical factors and dynamics on a chain that suggest more progress.

RSI at 38 shows a sharp recovery from the overturned conditions. It is still bears territory, but it shows that momentum improves from extreme lowest levels without being achieved yet neutral (50). This could be a kind of “sweet spot” where long -term risk/rewards – sales have been exhausted when buying interest. For even more copies, the coin also did not fall below the average price in the last 200 days.

ADX at 19 sits below a threshold of 25 trends. This low reading after a sudden fall often indicates the battery zones that put smart money before the next trend move. In combination with price bounce, it suggests that the trend turns can develop, but has not yet been confirmed.

Successful kettle with a $ 0.90 support shows the purchase of interest at key technical levels known as “Fibonaccia levels”, these are basically natural prices that form between the lowest and highest points of price movement. So, in other words, bears are trying to take prices under that zone.

Key levels:

  • Immediate support: $ 0.95 (psychological level)
  • Powerful Support: $ 0.90 (78.6% Fibonacci/proven bounce zone)
  • Immediate resistance: $ 1,10 (EMA50)
  • Strong resistance: $ 1.3-1,4 (large resistance cluster)

Waiver

The views and opinions the author expressed only for information purposes and do not represent financial, investment or other advice.

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