When we're at this part of the market cycle there will be people laughing at you for investing.
Next year you will get to laugh at them.
#Bitcoin#Crypto#trading$BTC
$BTC has a serious sell wall sitting above.
Supply starts around $85.2K and gets heavier through $87K–$90K, with a $16.1M wall at $90K.
The rising structure is still intact, but this won't be an easy breakout.
BTC needs to absorb a lot of supply before the next leg higher.
$GRAM is repeating the same accumulation structure as last time.
The last breakout delivered a 119.72% expansion. Price has now spent weeks building a similar range and has finally broken out.
If the pattern repeats, another 100%+ expansion could put $GRAM near $3.4–$3.5.
$BTC is testing $85.5K again.
Stoch RSI is pinned at 100, so this is a key spot.
Rejection here could send price back toward $79.5K–$80K.
But if $BTC closes above $85.5K, $90K+ is likely the next area to test.
Started reading @cz_binance book - Freedom Of Money today, on my way to Korea Blockchain Week.
After knowing CZ for over 9 years, it's nice to learn more about his youth.
Not everyone knows, but I was one of the earliest holders of $BNB and the biggest @binance supporter.
$BTC accumulation is getting hard to ignore.
Binance just saw its biggest BTC outflow since 2023, with 13,800+ BTC leaving in a single day.
Reserves dropped from 705K to 685K BTC in only 4 days.
BTC is also holding above the $82K May high after a 45% rally from July.
Less Bitcoin sitting on exchanges means less immediate sell pressure.
Looks like the late FOMO buyers are finally taking coins off the table.
$BTC is sitting at the POC right now, but I'm more interested in the support below.
Previous resistance turned support, with heavy volume sitting there, could be a really nice spot for the next push.
Heads up.
$15.8 billion worth of Bitcoin $BTC options are expiring today.
Main pain price? At $75K.
"Max pain" is the price at which the largest number of contracts expire worthless.
When all these options expire, we're going to see massive redemption on both buys and sells.
In short, we might see immense volatility from Bitcoin today.
Update on $ETH.
The 1.618 Fibonacci extension is still on the table.
However, judging by the current price action, Ethereum will likely see further downside toward the previous resistance zone.
Sweep the liquidity level, and it should be a solid entry area.
There we go, a rally-base-rally.
Might seem simple, yet sometimes simple is all it takes.
Based on the Fibonacci extension target, $ETH has another 5-6% to go, with $2,879 as the closest target.
Stay tuned for the next analysis!
TOTAL2 is worth watching if you're bullish on altcoins.
It tracks the crypto market without $BTC, so this is basically the bigger picture for alts.
After holding a major multi-year support level, the downtrend is now broken and the structure has shifted.
Next big level I'm watching is around $1.7T+, the previous major high.
$ETH is heading back toward the key $2.56K–$2.60K zone. That was previous resistance and has flipped into support multiple times.
200 EMA sits around $2.46K below. Watching how Ethereum reacts as it gets there.
What a clean liquidity sweep setup from $DOGE.
Fake breakdown into a massive rally.
However, I think we will see further retracement from here.
My target? The previous bearish trendline.
Should be a solid support zone.
This is interesting.
Usually, a good way of seeing if a rally is sustainable is through funding rates.
It shows whether the market is filled with risky leveraged bets.
Right now, even after $BTC rallying quite high, things are still neutral.
However, it also means there is no dominant force between buyers and sellers.
Overall, things look healthy for another leg up, but we might see further technical consolidation.
I look forward to hosting these two events next week during @kbwofficial 2026 🚤
Two private yacht evenings on the Han River, hosted by @CoveyNetwork × @Saffron × @CryptosBatman
EPOCH 1
📅 28 September
🕔 Boarding 17:00
🛥 18:00–21:00
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EPOCH 2
📅 2 October
🕔 Boarding 17:00
🛥 18:00–21:00
📍Seoul, Han River
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Food, drinks, music and a curated guest list. Invite only / approval required.
See you on the water 🌊
Here's what $BTC looks like up close.
The rejection we saw at $87K is exactly the 1.618 Fibonacci extension target.
Traders are taking profits around that area.
The closest support level is the previous resistance, $81K-$82K.
The current $BTC fractal is convincingly similar to that of the 2022 cycle bottom.
We saw the monthly candlestick breakdown.
Now the liquidity level has been broken through.
If the rest plays out the same, a short sideways period is next on the table.
Missed the first $BTC move? The market may be giving another chance.
Don't FOMO at $85K–$86K.
A retest of the old resistance around $82K would be a much better discount for the next move toward $95K.
The US Treasury has just announced secondary sanctions on Iran commercial flights.
Secondary sanctions meaning no third parties can work with the commercial airlines.
Iran airlines will get no refuel, no ground crew, no ticketing, and no bank or insurance processing.
Companies or countries that try to engage with them will face financial sanctions, from asset freezing to commercial boycott to USD clearing denial.
This is proof that the US financial system is above everything else.
It's more than just central banks and financial systems. It extends into the economic supply chain.
And the war is only going to get more complicated from here.
The current $BTC fractal is convincingly similar to that of the 2022 cycle bottom.
We saw the monthly candlestick breakdown.
Now the liquidity level has been broken through.
If the rest plays out the same, a short sideways period is next on the table.