Bitcoin attacking highs. Altcoins going crazy. Is it time to short?
$ZEC up 50% and sitting near major resistance around 330 after an 80% rebound. Currently ~313 — aggressive traders can start small and wait for a possible double top near 330 for stronger confirmation.
Initial support to watch: 280–290.
As for $BTC — first short zone around 71K worked, but structure suggests a possible push toward 71.5K–74K before a cleaner rejection. No rush. Patience pays. #MarketRebound
This looks like a classic relief rally… not a trend reversal.
Price pushed into the 70K–70.8K zone and stalled almost immediately. First test of resistance → instant sell pressure. That’s not strength. That’s distribution.
Momentum is already rolling over, and buyers are failing to get acceptance above this level. As long as we stay below 72K, downside continuation remains the higher-probability play.
🚨 $BTC Fed Rate Cuts Coming — But Don’t Expect July Fireworks
The Federal Reserve isn’t done with easing — but don’t expect an aggressive pivot just yet.
Despite strong jobs data shaking short-term expectations, cooling inflation keeps rate cuts in play. UBS projects a total of 50bps in cuts, with July likely to mark the first move.
What does this mean for crypto?
• Liquidity relief is coming — but not immediately • The Fed is staying patient, confident inflation is slowing • Risk assets may face volatility before the pivot officially begins
Next week is packed with major global economic events, so expect high volatility for $BTC and all markets. Fed moves + U.S. data + China money supply + Japan GDP = big swings possible.
If price explodes or dumps fast, this is the reason. If nothing happens… that itself is a warning sign. 🚨 #RiskAssetsMarketShock
Michael Saylor’s Bitcoin bet is now sitting on a $2.1B unrealized loss as BTC breaks key levels and fear spreads fast.
This is crypto volatility at its rawest — even the strongest bulls feel the heat. History says moments like this either forge legends… or break conviction.
Bitcoin slid 4.2% in the last 24 hours, showing clear short-term weakness.
🔻 Selling pressure: ETF outflows + a whale dumping 5,076 BTC 🛡️ Smart money signal: Binance keeps stacking BTC for SAFU 🏛️ Long game: US government BTC holdings still deep in profit
Short-term pain, long-term debate. Is this a local bottom or more downside ahead? 👀