historic volatility is rising for BTC near previous highs in volatility.
RH has experienced a sharp sell-off, breaking down from its recent highs. The price is currently testing the lower trendline of the long-term rising channel. Bull Case Support at $281 - $289 Holding: The price is currently sitting at the lower boundary of the ascending channel. If buyers defend this level, a bounce toward $320 - $350 is possible. Oversold Conditions: RSI at 34.33 suggests it is nearing oversold territory. Stochastic at 9.88 also signals that selling pressure may be exhausted. If price stabilizes here, it could attract dip buyers. Resistance Levels to Watch: $319: First major resistance for a recovery. $330 - $335: Strong volume resistance where sellers might step in. Bear Case Break Below $281 Support: A confirmed breakdown could accelerate the decline toward $258 , $240. This would indicate a possible trend reversal from bullish to bearish. Factors contributing to Bearish: Price action shows strong selling pressure. Moving averages sloping downward, signaling a potential continuation of the downtrend. RSI has been trending lower without divergence, meaning no strong signs of a reversal yet. Neutral to Slightly Bearish If $281 holds, a bounce could be expected. If it breaks down, further sell-off to $258, $240 is likely. Key Decision Zone: $281 - $290 Holding this level = potential bounce to $319+ (Bullish) Breaking this level = potential drop to $258 (Bearish)
Bitcoin is a product of the environment we live in, for some there are references to it that matter, for others BTC is not reality and more so evil. Is BTC anymore evil than holding dollars in your pocket that you will not spend? Hodl value is akin to the properties of holding cash. With no purpose behind holding the cash a person would not hold cash, but money has purpose even if there is nothing to buy. Buying is figurative value where a conversion takes place between the property of the original cash and the newly found material item(s). Though the cash holds a stronger replacement for value than any single item of material value because to buy means to immediate lose re-sellable value. I can buy a pair of pants but if I wear them even once they are not brand new and cannot be returned or resold as such. If BTC is a product of the environment, what environments occur where BTC holds no value? When value is determined for value sake than value is indeterminate therefore the meaning of the value is not dependent to any one aspect of spending or savings. Fire a bunch of people from their job, does their value return to becoming pure cash or was it a daydream that some people believed to suspend payment of workers in order to recover what was believed to be lost. Animated imaginations create cryptocurrency to a degree that reaches a mass audience of people that do not actually like investing through memes. Bitcoin will never be a meme and will remain a digital historical monument throughout time which represents the before the story went crazy with fanciful ideas that may or may not have gone anywhere ...
As expected, the DXY is TANKING alongside the 10Y, and the WMA9 is finally breaking below the 20. This combo is turbo juice for markets, as it allows Central Banks around the world to stimulate and opens the door for more growth in the US economy. Ignore asset prices. Focus on the macro. This is a leading indicator. HODL.
Simple EWT in play -- finally retested the top of the previous lower range, finishing the formation of the broader inverse H&S pattern. Will update with more fundamentals as I continue research, but feel the e-commerce competition is overblown and the company is generally undervalued.
Market watchers suggest ..... could play a pivotal role in restructuring CDL, given that Davos Investment Holdings is CDL’s largest shareholder with 33.6% ownership. If a divide arises between Kwek Leng Beng and Sherman Kwek, both of whom own shares in Kwek Holdings, Davos could move to consolidate its position, potentially seeking a controlling stake of 50%. Analysts estimate that an additional $10.8 billion would be required to secure control, with a 20% control premium pushing the cost to $12.9 billion.
A view of Ethereum per the indicator I use the most, moving average with increments of a year, and symbols to determine the crossover/under patterns. dots are bad, plus signs are good generally based on the indicator.
BTCUSDT 1W chart. Updated previous 'large' BTC chart.
Big earnings miss and softer forward looking statements from CrowdStrike today. Sold off to the six month $343 support area and bounced with the general market. A continuation of this tech rally should help CRWD. A Wolfe Wave Pattern and a Bullish Harmonic Butterfly are present in the 1H timeframe. I'd try to buy a retest of the 1-3 line breakout at $360 with a tight stop and with overall market strength. A clearer Tariff stance from the Waffle House might also help. A gap has to be filled at $370 and a $400 target is not unreasonable. Stay nimble. Not investment advice and do your own due diligence. S.
### **? Gold (XAU/USD) Chart Analysis** ? **Current Trend:** Bullish momentum continues after two strong bullish days. ? **Key Indicator:** RSI trending in bullish territory. ### **? Bullish Scenario (Buy Trade)** - **Next Resistance:** $2,950 - **Major Resistance:** Record high at $2,954 - **Breakout Target:** If $2,954 is broken, gold could reach $3,000. ### **? Bearish Scenario (Sell Trade)** - **Support Level:** $2,900 - **Breakdown Risk:** A daily close below $2,900 could trigger a pullback. ### **? Risk Management** ✅ If going **long**, watch for resistance at **$2,950-$2,954** before adding positions. ✅ If going **short**, wait for confirmation of a **close below $2,900** for a potential correction. ✅ Maintain a proper stop loss based on **volatility and market structure**.