The impulsive push has fully retraced and price is now making lower highs while bleeding back toward the base. Buyers failed to reclaim the breakdown zone and momentum continues to fade, suggesting the move up was corrective rather than trend continuation. Structure now favors a push back into lower demand.
The flow looks heavy with sellers in control after the failed reclaim. As long as price remains below the prior support-turned-resistance zone, downside continuation remains the higher-probability path.
High volatility → high risk, high reward💸. Manage size accordingly.
The move higher has gone near-vertical and price is now extended from the base. After a strong impulsive push, upside follow-through is starting to stall near highs, increasing the odds of a corrective pullback. When moves get this steep, risk shifts toward mean reversion if buyers fail to defend.
The flow looks heavy after the spike, with price vulnerable to a deeper reset back into prior demand. As long as price stays below the highs, downside reactions remain favored.
Russia has introduced a draft bill to legalize and regulate Bitcoin & cryptocurrency trading for both retail and institutional investors — a major shift from its earlier restrictive stance.
🔍 What this really means (FACTS): • Legal framework for crypto trading is being prepared • Retail investors will get regulated access (with limits & risk checks) • Institutions get broader access • Crypto will NOT be legal tender (not for daily payments) • Full rollout expected mid-2026 → 2027
🌍 Why this matters: Russia is a major global economy — this move could reshape global crypto regulation and boost institutional confidence worldwide.
📊 Markets are already reacting. Keep eyes on: $BTC $ETH $COIN