The market has been stuck in a sideways range since early February, with no clear signs of a trend.
🔹 Dominance Up: BTC dominance has increased, causing alts to drop again. 🔹 Liquidity Above: 20x more liquidity on top, yet BTC has been stagnant for 15 days. 🔹 Potential Scenarios: A drop to $90K with a rebound or an upward move from the current levels to grab liquidity.
📊 A drop would make sense — hit the $93-92K block and look for a reversal. But instead, the market is stuck in a draining sideways phase.
⚠️ Trump’s speech today: Expect heightened volatility and possible market manipulation. Positive crypto signals are unlikely, with negative rhetoric more probable.
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🪙 BTC: Exhausting Sideways Movement Continues
The market has been stuck in a sideways range since early February, with no clear signs of a trend.
🔹 Dominance Up: BTC dominance has increased, causing alts to drop again.
🔹 Liquidity Above: 20x more liquidity on top, yet BTC has been stagnant for 15 days.
🔹 Potential Scenarios: A drop to $90K with a rebound or an upward move from the current levels to grab liquidity.
📊 A drop would make sense — hit the $93-92K block and look for a reversal. But instead, the market is stuck in a draining sideways phase.
⚠️ Trump’s speech today: Expect heightened volatility and possible market manipulation. Positive crypto signals are unlikely, with negative rhetoric more probable.