Sunday service. No YT video updates next week - AFK. Very easy levels here on Bitcoin. Price at POC with VAL - 81K / VAH 89k. Risk on enjoyers will want to see the bid continue to support price. Any higher supply ? we auction the lows again.
With lack of significant bid in the books until 70k. Ideally we drop to value sooner than later & gather demand with a range through summer. Supply has been chasing price down, with perps traders off loading latest positions yesterday in the US session. This will be painful to most crypto traders but good for range trade enjoyers & spot value hunters. Key...
Weekly = Trend. Daily = Trend. 4H = Range. Keep it simple, every time we find price at range lows, the order flow shows demand / bid. I could a see a sweep below 65k to take some liquidity. But this all looks very 'normal' and constructive. Next time we hit supply at 72/73k - it will not hold IMO. Note the fib time. I think we grind this zone until end of June...
ETHUSDT potential to fill the 3.3k zone while ETHBTC starts to range after months of downward decimation. All look very constructive. Watch order flow for further bid in any lows. Note the fib time. I think we grind this zone until end of June before any push.
SOL trend continues to look strong & one of the best charts out there. Possible deviation & liquidity grab lower to search some bid.