Hello folks, Based on my chart, I'm not sure why gold rallied instead of taking sell-side liquidity. I expected gold to drop at least to 2886.33, but instead, it went up for no apparent reason. Most regular traders would say it's because it hit a support line, but for me, that's not a valid enough reason—big traders know what they're doing. I assume the 2886 area could be where big traders enter ahead of upcoming news events like NFP, but who knows... Alright, that's all, folks. Happy trading!
The Japanese Yen (JPY) continues to appreciate against the US Dollar (USD) as market expectations for additional Bank of Japan (BoJ) rate hikes gain momentum. This has reinforced a bearish sentiment in the USDJPY currency pair, which remains aligned with the prevailing longer-term downtrend. From a technical perspective, 152.50 serves as a key resistance level, marking the recent swing high. A potential oversold rally towards this level, followed by a rejection, could reinforce the bearish outlook, with downside targets at 149.30, followed by 147.80 and 147.20 over a longer timeframe. Conversely, a confirmed breakout above 152.50, coupled with a sustained daily close above this level, would invalidate the bearish bias. This could shift momentum toward the upside, opening the possibility for further rallies, with resistance levels at 154.30 and 155.70 acting as potential upside targets. The price action around the 152.50 level remains pivotal in determining the next directional move. This communication is for informational purposes only and should not be viewed as any form of recommendation as to a particular course of action or as investment advice. It is not intended as an offer or solicitation for the purchase or sale of any financial instrument or as an official confirmation of any transaction. Opinions, estimates and assumptions expressed herein are made as of the date of this communication and are subject to change without notice. This communication has been prepared based upon information, including market prices, data and other information, believed to be reliable; however, Trade Nation does not warrant its completeness or accuracy. All market prices and market data contained in or attached to this communication are indicative and subject to change without notice.
2 different scenarios for bulls here. Sentiment is at a major low and many are giving up and waving the white flag... this makes me more bullish for the future. Forget "altseason" and the meme narratives, and focus solely on Bitcoin as the crypto market. It is still not done and has much more to run. See the similarities panning out currently from 2024. Could it be a coincidence or manipulation to make the chart look so similar? No one can be certain but either way, we can guess where this is heading regardless.
Bitcoin has experienced significant volatility in recent days, dropping to the first major support level at $85K. Let’s analyze the key fundamental drivers behind this decline, upcoming triggers, and finally, share a few words for those who faced liquidation or major losses. Fundamental Factors Behind Bitcoin’s Decline In recent days, Bitcoin has suffered a sharp correction, declining approximately 7.1% over the past week, falling from $99,244 to $86,776 . This February 25, 2025, market downturn—dubbed a “market bloodbath”—was driven by a combination of macroeconomic, geopolitical, and crypto-specific factors. Here’s a breakdown: 1. Capital Outflows from Bitcoin ETFs ? One of the primary reasons for Bitcoin’s recent decline has been significant capital outflows from Bitcoin ETFs. Reports indicate that over $1 billion exited these funds in the past two weeks, with the worst single-day outflow reaching $583 million . This reduced demand exerted downward pressure on Bitcoin’s price. 2. Strengthening US Dollar (DXY Index) ? The DXY index , a measure of the US dollar’s strength, has surged to 106.4385 , its highest level in recent years. Historically, a stronger dollar diminishes the appeal of risk-on assets like Bitcoin. This inverse correlation was a key factor in Bitcoin’s recent selloff. 3. Geopolitical Tensions & Economic Uncertainty ? Recent decisions by Donald Trump’s administration , such as imposing trade tariffs on Canada and Mexico and investment restrictions on China, have fueled market uncertainty. As a result, investors are flocking to safe-haven assets, which has further pressured Bitcoin. 4. Broader Market Volatility & Crypto-Specific Events Stock Market Turbulence: The S&P 500 recorded its worst week since Trump’s inauguration, and the Nasdaq is down 5% from its December 2024 highs. This increased risk aversion has negatively impacted Bitcoin. Bybit Hack & Trust Issues: The recent Bybit hack , where $1.5 billion was stolen, has shaken confidence in centralized exchanges, prompting mass withdrawals. Mass Liquidations: Over the past 24 hours, more than $650 million in leveraged positions were liquidated, amplifying the price drop. Technical Analysis: Where is Bitcoin Headed? 1. Daily Time Frame Analysis ?️♂️ Bitcoin is now testing a key support zone at $85K. The next critical support lies at $80K– GETTEX:82K , which aligns with major demand zones and historical price action. https://www.tradingview.com/x/OWyr5esO/ Bullish Case: If Bitcoin holds above $85K, it could resume the major uptrend and reclaim higher levels. Bearish Case: A break and close below $80K–82K would invalidate the bull run, shifting the major trend to bearish and signaling a deeper correction. 2. Bitcoin Dominance (BTC.D) & Altcoin Market ? https://www.tradingview.com/x/j8CiK9Rr/ BTC.D remains elevated, meaning capital is concentrated in Bitcoin rather than altcoins. However, if BTC consolidates while BTC.D drops, it could trigger an altcoin season. In contrast, if Bitcoin breaks below $85K, short setups on altcoins become highly attractive. 3. Trading Strategy & Next Steps For Bulls ?: Look for bullish confirmations above $85K with proper risk management. For Bears ?: Wait for a confirmed breakdown below $80K–82K before entering short positions. Altcoin Traders ?: If BTC finds support, focus on potential altcoin bounces; if BTC breaks down, short weak altcoins. Final Thoughts: A Message for Those Facing Losses Many traders faced liquidations or heavy losses during this drop. If you’re among them, take a deep breath— this is part of the trading journey. Every successful trader has gone through periods of adversity. Learn from your mistakes, refine your risk management , and move forward smarter. This is not the end—it’s just another phase of the market cycle. Stay patient, stay disciplined, and keep growing. I’m Skeptic , and I’ll see you in the next analysis! ?
Gold fell in a row yesterday on the 4-hour chart, but then bottomed out and rebounded. Therefore, gold may turn to volatility again in the 4 hours. The market rebounded to 2930 and fell back earlier. Therefore, the rebound of the market is just a correction. The short positions at 2925 in the Asian session and the short positions at 2920 have been harvested. Focus on the strength of the European session. The European session is under pressure below 2930, so the US session will continue to bottom out at 2888. If the European session strengthens and breaks 2930, the daily line will end the single negative correction and continue to fluctuate. On the whole, the short-term operation strategy of gold today is recommended to focus on rebound shorting, supplemented by low long positions. The short-term focus on the upper side is the 2920-2925 line resistance, and the short-term focus on the lower side is the 2888-2883 line support.
Nvidia's upcoming earnings report, set for release after the US market close, remains a key event for traders, given its broader implications for the AI and semiconductor sectors. Since DeepSeek's January announcement, which suggested that AI development may not require significant investments in computing power and infrastructure—areas where Nvidia has a dominant presence—the stock has been trading within a consolidation range. Options market data indicates an implied move of approximately 8.5% in either direction, signalling heightened expectations for volatility. From a technical perspective, the key trading level to watch is 129.55. Potential upside remains capped by resistance levels at 137.50, followed by 140.00 and 146.50. Conversely, downside movements find initial support at 122.10, with additional key levels at 117.50 and 113.85. These levels may serve as important reference points for price action following the earnings release. This communication is for informational purposes only and should not be viewed as any form of recommendation as to a particular course of action or as investment advice. It is not intended as an offer or solicitation for the purchase or sale of any financial instrument or as an official confirmation of any transaction. Opinions, estimates and assumptions expressed herein are made as of the date of this communication and are subject to change without notice. This communication has been prepared based upon information, including market prices, data and other information, believed to be reliable; however, Trade Nation does not warrant its completeness or accuracy. All market prices and market data contained in or attached to this communication are indicative and subject to change without notice.
Been eyeing this , actually had a good buy opp at close but I was already positionally saturated so in it today Has everything except 20% week but still a mover, 5/6 name , near GLB too . I like it . entry at 7.26 to start this out
Like I Said it was bullish trend! Look at this trade that i took.... It was awesome!
On SPX as you can see on the chart buyers are present. An upward trend is expected.
A double top is a bearish pattern that signals a potential trend reversal. It occurs when the price fails to break through a resistance level twice, forming two peaks of similar levels with a neckline (support) in between. ✅ Short entry – after a neckline breakout (a retest of the neckline would make the setup even stronger). ✅ Stop loss – above the second peak to prevent a false breakout. ✅ Profit target – measure the height from the peak to the neckline and project downward from the breakout point. Additional confirmation: If the RSI shows a bearish divergence, this is an additional clue that the trend is weakening. Increasing selling volume at the breakout makes the move more reliable. Key levels to watch ? Resistance: 100K–102K – Bitcoin needs to break through this area for bulls to regain control. ? Support: 90K – This is the first critical area; losing it could accelerate the decline. ? Major Support: 84K – A key decision point to determine whether we will bounce back or fall further. ? Bullish scenario: If BTC holds 84K and shows strength, we could see a move back towards 100K. ? Bearish scenario: If the double top pattern plays out and BTC drops 90K, we could drop to 80K-76K.