Let's talk about CME

📈In most cases, BTC is likely to move upward and fill the green CME gap section. This could lead to significant movements in altcoins, potentially triggering the next phase of the bull run and the start of an alt season.

📉However, in the worst-case scenario, if BTC breaks the critical 90K support zone, we could expect a continuous downturn, possibly filling the red CME gap. If this second scenario unfolds, altcoins are likely to experience substantial losses, and the first stage of the alt season may be missed.

📌In the first scenario, if the alt season starts BTC will continuously try to breaks the 90K super support zone. Setting stop losses becomes very important at this stage.
btctechnicalanalysisbtcusdanalysisbullishpatternChart PatternscmegapTechnical IndicatorsTrend Analysis

Disclaimer