ASR-VC indicator 4h channel status update: The key this week is to test the upper side of the shock channel along the yellow line, generally speaking, when the trend is in progress, the yellow line cannot be broken, once broken, it means that the trend pauses and turns into a shock. At present, due to the insufficient amount of the channel moving up, it will lead to once it falls below the yellow line, the real increase brought by this trend is only 1w US dollars... Still, the current market attention is focused on the remaining 60,000 BTC supply, if the whale does not transfer to BTC again, then this week is very likely to maintain above the yellow line shock, the trend structure is still bullish; But if tonight's CPI and whale behavior are not conducive to the market, then the price will inevitably go back to test the middle track, and turn the bullish trend into the original range-bound shock structure, and the market will go ugly...
Crypto_Painter
Crypto_Painter12.7. klo 17.07
ASR-VC indicator daily channel status update: As always, looking at the daily channel on Saturday, the current daily price of $BTC has just entered the average pressure band, and breaking through the yellow line that has been suppressed for a long time below represents the emergence of a potential strong bullish trend! Structurally, it is currently similar to the state of the 2024 election when Trump just won, but some details are not yet met... For example, in the spot contanggo index below, when BTC rushes into the daily average pressure band (orange channel) at the end of 2024, the spot congo simply soars, which represents the entry of a large number of spot buyers, which is a very healthy state! After the current wave of market comes out, the spot premium at the daily level is still around the mean??? It made me wonder what went wrong. After all, if you look at the turning point of the bullish trend market before 74,000 bottomed out of the market, the spot premium at that time was also significantly ahead of the average premium (white moving average), and it was with the continuous buying of spot that the follow-up market was able to rebound all the way to a new high! But it's really different now... I even saw a brief negative premium in a small pullback last night, which made me have to start struggling with "Should I continue to be bullish?" ” What if, here's the temptation? I don't want the fans to be on top stud... Therefore, I have decided to remain neutral for the time being, maybe there will be a big market rally next week, and then the spot premium will start to rise significantly, and it will not be too late for us to wave the flag and shout at that time! As for the long-term spot operation, I recommend continuing to hold, if you have the intention of cashing out and taking profit, you can move the moving take profit up to the 107k position, theoretically as long as this wave of trend is not a big problem, the price will not touch here anyway. Finally, I would like to add that this price action should not be bearish from any point of view, I just advise everyone to be more cautious in going long...
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