Risk Asset Study: The S&P 500 and #Bitcoin Assets within the same class often move in sync, $BTC and the S&P 500 ($SPX) are prime examples, both behaving as risk assets. When the SPX pulls back or rallies, Bitcoin tends to follow. Right now, the SPX is undergoing a 10%

Very nice setup from $SHIB here. At a solid support level, which is its bullish trendline and previous bearish FVG. Will be very interesting if it can enter the bullish trendline, no brainer buy from there.

An aggressive $ETH setup from me, trying to catch it again for the flight to a new ATH. Very risky and aggressive, but nonetheless, the setup is on the chart.

$ETH setup update. Im closing the position now, as it already deviated from its trendline. Sorry for the SL, on to the next.

$APT Similar play to $ARB, a trend reversal setup. The chart should be self-explanatory, gray support zone looks like a solid entry area.

I’m waiting for $SUI to come back to its bullish OB, marked by the gray box. The setup is pretty straightforward, SL at the last low.

Going to use a very basic technical analysis concept here for $ETH. When a roof gets broken, it becomes the floor for future price action. Now that this major resistance has flipped, a retest around that area would be a very good buy.

Rarely do I make these kinds of short-term updates. But right now, a lot of coins are showing bullish divergence across the board. This might be worth something, maybe a relief bounce.

$TOTAL, the crypto market cap. RSI is back at its bullish trendline once again. This trendline has led to strong rallies before, will it do the same this time? Or will major coins like $ETH and $BTC drag it down further?

Update on the $ETH analysis I made a couple days back. Price has reacted impulsively from the support I marked. On top of that, the Stochastic just formed a golden cross. Although $BTC looks weak, let’s see if $ETH is strong enough on its own.

$BTC dominance update. Looks clean, following my analysis picture perfect. Should be a smooth ride down from here.

Pay attention for the months coming. Just like in 2023 and 2024, the Jackson Hole symposium has marked major bottoms for $BTC. Unless something changes, I’m betting the same outcome will happen again. It might not be a smooth ride, but it’s a start for sure.

$ETH looks good, and feels good. Solid +16% gain. Hope you guys caught the move. I’ll try to find more setups for you guys.

Update on $ARB: Looking solid since the first time I mentioned it. It broke out of its strongest resistance level and has successfully retested it too. Now, looks like we might revisit that same support again, perfect buying opportunity.

$BTC is down 11% from its high, and has returned to its previous breakout level. Still, I have a feeling we go a bit lower, likely toward a major support zone that also lines up with the 0.618 golden fib. Nonetheless, BTC already looks cheap here. What do you guys think?

$TAO long-term setup, meant for SPOT. Setting up nicely at its support level. This setup carries around 10% drawdown risk, but also comes with quite a high target price.

$SUI holding up strong at its bullish OB. But I think a liquidity sweep is more likely before the next leg up. That’s the roadmap I think we’re going to see.

Update on my $BTC analysis. My analysis still stands, I still feel we’ll dip a bit lower, fully tapping that gray box and hitting the 0.618 golden Fibonacci level. But nonetheless, right now is already a good time to start scaling into coins.

$BTC is forming a very similar price action to what we saw back in June, just before it rallied from $100K to $120K. From here, the major bottom is likely in, but the exact number? No one knows for sure. So, be brave enough to scale into more positions here. Good luck!

$ETH bearish divergence playing out. I always aim for the lowest point since the divergence showed up, ’cause in a lot of cases I’ve seen, that’s usually where it bottoms out. Let’s see how it goes.