🚨 CMC News: BTC Faces Resistance as Long-Term Holders Take Profits.🔗 https://t.co/nlR0TbLeQX https://t.co/YhADYMeWA8 ...

Market Trend - Markets are awaiting a breakout on Bitcoin [1] - There is still no clear breakout above the crucial resistance level [1] - A breakout above the resistance level is necessary to gain real momentum [1]

Market Trends - Bitcoin has made a higher low, suggesting a potential upward trend [1] - Testing the resistance at $115K could signal a breakout into a higher range [1] - Altcoins are expected to rise if the resistance is broken [1] Risk Assessment - Losing $113K could lead to new lows for Bitcoin [1]

Market Analysis - Bitcoin's most important resistance level is being monitored [1]

Market Overview - The crypto market is showing signs of recovery, with altcoins experiencing a significant bounce [1] - Bitcoin has increased by approximately 2%, but weekly performance remains negative [2] - The crypto market cap has increased by 3.73% trillion, indicating a bounce from significant lows [5] - The Fear and Greed Index has risen from 48 to 52 [6] Key Cryptocurrencies Analysis - Bitcoin remains the primary market driver, with Ethereum as the second most influential [3][4] - Key price levels to watch: Bitcoin at $115,000, Ethereum at $3,500, XRP above $3, and XLM at 41 cents [4] - XRP's 24-hour trading volume is significant at $5.5 billion [8] - XLM's trading volume is roughly $0.5 billion, and SUI's is almost $1 billion [9] Market Strategy and Outlook - Focus should be on stocks, particularly the S&P 500, as its reaction will significantly impact crypto [9][10] - A daily close above $117,000 for Bitcoin could signal a violent recovery [17] - A potential target for Bitcoin is $130,000 by late August [18][21]

Market Analysis & Predictions - Bitcoin is bouncing from a short-term support level, while Bitcoin dominance is also technically bouncing [1] - A bearish divergence is likely to be confirmed on the weekly Bitcoin price chart, potentially leading to bearish price action in the next 1-2 months [2][6] - The momentum is currently pointing more in the bearish direction, despite the short-term bounce [6] - Expect Bitcoin support between $110,000 to $112,000 in the short term, but the situation looks more bearish for the next few weeks or the next month [13][15] - Ethereum is still struggling and rejecting from the resistance area between roughly 3900 to 4100 [38] - XRP is potentially hours away from further confirming the significant bearish divergence on the weekly XRP price chart, which is not good news for the next one or two months [53][56] - Chainlink is bouncing at the price target of $1550, but expect a lot of resistance between $1750 to $18 [66][68] Funding Rates & Altcoin Season - Bitcoin funding rates are relatively neutral and even starting to dip below neutral towards the negative direction, while altcoin funding rates are flipping negative [32] - The Bitcoin dominance is still currently bouncing from a major area of support, meaning that there's not currently an altcoin season happening [29][30] Trading Strategies & Risk Management - The industry is potentially looking out for short positions if the price runs into a key point of resistance and starts rejecting [20] - The industry should be very careful using high leverage when it comes to XRP, ideally nothing more than 10x [62][63]

The $4k Resistance on #ETH https://t.co/Nq5ILZZOgg ...

#Bitcoin rejects at the crucial resistance, again.There's still a CME gap to $118,500.I wouldn't be surprised with a slight correction before we'll continue towards new ATHs. https://t.co/GknmQ3Cv69 ...

Market Trend - Bitcoin is testing range resistance during the weekend [1] - A Monday correction is expected to reset before a potential upward movement [1]

Welcome back to the Crypto channel everyone. My name is Josh and right now Bitcoin is continuing to reject from this major resistance in the short term, but still in a sideways price range in the short term, bouncing around sideways, taking out liquidation levels to the downside and to the upside, which we need to pay attention to on this Bitcoin liquidation heat map as Ethereum is continuing the rejection from this significant area of resistance that I've been warning about. while the price of Salana is st ...