https://www.youtube.com/watch?
BTC prints TBO fell long after -3% decrease
BTC fell to 3% yesterday and printed a TBO Long TBO daily 🔷, which generally signals a retrace to the Quick TBO line – currently around $ 104.6,000. The volume has passed the yellow, but the OBR remains flat and RSI has almost triggered a reset. The culprit? An online public quarrel between Elon Musk and Donald Trump on the new budget bill – the editorial markets, in particular Doge holders. This political chaos brought the BTC into the daily TBO cloud, entering “downward consolidation” mode. While the dumping ground seems dramatic, the TBT TBT loss alert has been drawn for 10 days – this volatility has been well telegraph.
ETH sees greater decrease but contains a stronger structure
ETH lost -7% and printed a second cluster of divergence TBT. Despite the decline, the ETH indicators always seem relatively healthy: the volume has exceeded its MA, the OBR remains above its White MA line, and RSI is still greater than 30. ETH / BTC has taken a blow of -4%, falling just below the daily TBO cloud -reducing the bullish momentum. However, the ETH seems stronger than BTC on the surface, although ETH.D has dropped by almost -4%, signaling may not be strong enough to lead.
The overvoltages and metrics of the domination of the stabbed changes
The domination of the Stablescoin printed an escape over the daily TBO cloud and RSI closed more than 70 – the two signals of growing fear on the market. The 4h graph shows two recent TBO eruptions, adding to concern. BTC.D increased as expected (+ 0.61%) during the dumping ground, confirming the usual behavior of BTC traders. The decrease of 3.94% of Eth.D despite the strength of the ETH highlights a lack of real demand, and the 10 top 10 and others remain strong leafers.
Total, others and Bvol7D: mixed signals
The total graphic reflected the BTC with its own long closed TBO 🔷, indicating a potential trace but also showing weakening momentum. Others had a joke of RSI reset at 24.96 – qualified. Bvol7D always refuses to respond to this chaos, suggesting that the real peak of volatility can still brew.
Tradfi yaws while tsla tanks
While the crypto dropped, the S&P and other clues were not affected. TSLA, however, was destroyed (-14.26%) with a peak in solid volume. The VIX has printed its first TBT bullish divergence since December 2023 – a sign that traditional markets could start to react soon.
Configuration of the ALT: Monitor optimistic engulfing candles
Many altcoins are rebounding today, but it is important not to become too optimistic yet. In most cases, these movements are simply recovery from the sharp declines seen on yesterday’s candle. What really matters now is the identification of the graphics that form an updated engulfing candle (beak), a powerful signal of strength and potential continuation. The own movements of the BTC on April 9 and 11 are excellent examples of the impact of this candle model when associated with volume and momentum.
Among the alts, FLR has already formed a beak. Others like Floki, MKR, Comp, Masa and Kas are very close to doing the same. Some additional names, including Hbar, Dot, JTO, Grass and SPX6900, are worth watching carefully while they start to recover and approach the criteria necessary to print a real beak.
BTC still has a lot of ground to cover before being able to print an upright engulfing candle. If this does not happen today, it is a strong indication that more chops and decreases can be ahead while we head for the weekend.
For a strategy and in-depth tools, visit the full investor of the cryptocurrency by mastering the assets.
Non-liability clause: The opinions expressed in this article are those of the author and may not reflect those of Kitco Metals Inc. The author has done everything possible to guarantee the accuracy of the information provided; However, neither Kitco Metals Inc. nor the author can guarantee such precision. This article is strictly for information purposes only. It is not a request to make an exchange in basic products, titles or other financial instruments. Kitco Metals Inc. and the author of this article do not accept guilt for losses and / or damage resulting from the use of this publication.
