The market is a mess right now. We are coming off a red weekend where over $2.5 billion in leverage got wiped, and the Extreme Fear on the index sitting at 15.
The last 24 hours show a dead cat bounce, don't let the green candles fool you into thinking the nightmare is over.
Be careful friends
⚡️Bitcoin (BTC) Trading around $76,400
Bitcoin dipped to $75k over the weekend, and frankly, it looks exhausted. MicroStrategy is sitting near its breakeven point at $76k, which is a massive psychological support zone. If we can’t climb back above $80k and stay there, we’re likely looking at a slow bleed down to the low $70k. The "digital gold" narrative is taking a beating while silver and real gold are outperforming us.
⚡️Ethereum (ETH) Trading around $2,250
Ethereum is struggling, It's trailing Bitcoin's recovery and just barely holding above that $2,200 floor. We have seen a lot of institutional money withdrawed over $500 million in ETF outflows just last week. If $2,200 snaps, there isn't much to stop a fall toward $1,800. It needs a massive narrative shift or a whale to step in.
⚡️$BNB Trading around $765
BNB is resilient, mostly because it's glued to the Binance ecosystem. The Nexus launch on the BNB Chain today is providing a fundamental support, but need to be careful as if Bitcoin dumps, BNB is going back to the $730 range. It’s currently stuck in a choppy range .
⚡️$XRP Trading around $1.58
We have seen nearly 1.6 billion XRP move between private wallets since January. Usually, that means someone knows something we don't, or a massive OTC deal is happening behind the scenes.
It’s in a corrective "ABC" pattern. If it can’t clear $1.70, it's just noise. Watch for a potential wick down to $1.40 if the accumulation phase turns into a distribution phase.
⚡️Cardano ($ADA ) Trading around $0.29
ADA is fighting the bears at the 30 cent mark. It managed a 7% relief jump today, but it’s still down significantly from its 2025 highs. It’s attempting to build a base, but without any real buyers or new defi inflows, it’s just tracking the rest of the market. If it loses $0.25, it’s "lights out" for the mid term trend.
🚨 Bears has slowed down, but the smart money hasn't started buying in size yet. We are in a wait and see zone. If you're longing here, you are betting on a miracle reversal BE CAREFUL