Many influencers feel the same but are very scared to post this. I think crypto market finally deserves some fresh air to breath.
- Indicators and oscillators are oversold - Sales are gradually decreasing, while purchases are increasing (spot) - Meanwhile, the crowd started opening shorts - Huge profile volumes are spotted near $64,000 - $65,000 support - Stocks are dumping, while crypto is staying strong - Fear&Greed Index is 5 (meme argument but still)
As the result, I expect to see some local growth towards $72,000 resistance and probably even $76,000 (if the previous one is broken up) and then dump continuation.
🙅♂️ SETUP INVALIDATION: Breakdown of the $64,000 support level. In this case we will go straight short down to $52,000 zone.
RSI is at 17.26 point — last time it was that low during the COVID crash in 2020.
Do not expect a quick bounce, do not expect huge profits. But all indicators, crucial levels, liquidity charts and common sense just scream: Bitcoin is oversold and needs some relief (correction).
Not buying it here — hating money (in my world). So, I am buying.
❗️Buying some $LLY in the $950 - $1000 area! Stock trade here.
A very strong chart — the price recently broke through the $960 resistance that held it below through the whole 2025, made a small pump and now ready to retest this level.
Buying it there seems like a legit LONG on retest.