BTC $74400, #ETH $2360



Fear and Greed Index - 22
Alt Season Index - 36
Market Capitalization - $2.49 Trillion

Thoughts by Coin

๐Ÿ“‰ Short Candidates:

โ€” MYX

โ€” COAI

๐Ÿ“ˆ Long Candidates:

โ€” DASH

โ€” ZEC

Market in โ€œhope for negotiations โ†’ oil drop โ†’ risk-on returnโ€ mode: there is a chance for a US-Iran deal โ†’ oil drops below $100 โ†’ markets are being bought back

๐Ÿ“ˆ S&P 500 โ€” growing, looks long
๐Ÿ“ˆ Gold โ€” rebound after the drop, looks neutral / long
๐Ÿ“‰ Dollar โ€” falling, looks short
๐Ÿ“‰ Oil โ€” falling (~$96โ€“98), looks short
๐Ÿ“ˆ BTC โ€” growing (~73โ€“74k), looks long
๐Ÿ“ˆ ETH โ€” growing faster than BTC, looks strong long

โŒ RISKS:
โ€” negotiations may break down (key factor)
โ€” any negative โ†’ sharp spike in oil
โ€” market is already โ€œoverboughtโ€ after a quick rebound

โœ… CONFIRMATION ZONES:
โ€” oil < $95 โ†’ stable risk-on
โ€” DXY < 100 โ†’ weak dollar supports growth
โ€” BTC > $72โ€“73k โ†’ consolidation of crypto strength
#btc #usdt #ltc #xrp $GT $ETH $SOL
GT-1.22%
ETH-2.99%
SOL-1.88%
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deltapro
ยท 04-14 08:54
Brent crude oil is back below $100, and BTC has returned to the key resistance level at $75,000. Optimism has surged amid rumors of new US-Iranian talks on Thursday and even a compromise on the nuclear program. ๐Ÿ•Š
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