Market Update Crypto Bounces from Max Fear $BTC: 111K (+3%) | BTC.D: 59.7% (-0.1%) $ETH: 4050 (+3%) | $BNB: 1116 (+2%) | SOL: 192 (+2%) Top Gainers: $LINK, $ZEC, $MNT, $AAVE, $TAO Spot BTC ETFs saw record weekly outflows of $1.23B last week. Top 50 alts are now trading below their post-FTX crash levels, setting up potential longer-term entries. BitMine accumulated $1.5B in $ETH since the recent sell-off → a notable vote of confidence. --- Trading Update 🟠 BTC Weekly close held above prior lows. 50-week MA (see image – rosa line) still intact as a strong technical base. On the daily, reclaiming 116K would confirm a bullish trend shift, likely opening the path to new highs. For now, cautiously bullish. As long as BTC doesn’t close two consecutive weeks below the 50-week MA, the bull market structure stands. --- 💧 USDT.D (Tether Dominance) Key level: 4.78%. A monthly close below that would be bullish and likely lead to 4.06%, with a capital rotation into altcoins. No weekly breakout yet. Bearish scenario activates if we close above 4.78%, targeting up to 6.5%. In a true bear market, we’ll look to 7.3% for new spot entries. --- 🪙 BTC.D Structure remains bearish, giving altcoins breathing room to perform. --- 🌍 TOTAL Market Cap No break of structure. Supports the view of a continuing bull cycle, pending BTC’s reclaim of higher levels. --- Summary: I stepped in and bought the dip at peak fear the kind of sentiment reset that often marks a pivot. BTC held weekly support therefore cautious optimism remains with eyes on 116K reclaim for confirmation.
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