Over the past 24 hours, BTC showed excellent price action — I personally entered a long position at 110,000 and captured a clean +2.59% move, locking in profits without being greedy.
🚀 Price Action
Bitcoin climbed confidently from around 109,485 to 113,472 USDT — a gain of roughly 3.6%. The strongest impulse came between 00:00 and 01:00, with the candle surging from 111,341 to 113,685. It was a sharp and confident move with no signs of weakness.
📊 Market Observations
• Trading volume significantly increased during the night, especially from 03:00 to 01:00 — typical behavior during an aggressive short squeeze.
• Daily high: 113,757 USDT; low: 109,443.
• Technically, the market is continuing its uptrend after holding the key support level at 105,200 USDT last week.
📰 Fundamental Signals
• Kimchi premium is negative (-0.69%) — Korean investors seem to be in risk-off mode.
• Upbit listed BABY BTC, and activity in altcoins is picking up.
• Institutions are still cautious — even after BTC broke above 109,700, there’s no strong bullish sentiment from their side.
📌 My Take
The rally is strong, but not euphoric. There’s clear interest in BTC, and volume confirms the trend’s strength. However, the ETF flows and ongoing USDT discount in China signal the need for caution. Now is the time to avoid greed, take partial profits, and closely monitor how the market reacts to upcoming resistance levels.
🚀 Price Action
Bitcoin climbed confidently from around 109,485 to 113,472 USDT — a gain of roughly 3.6%. The strongest impulse came between 00:00 and 01:00, with the candle surging from 111,341 to 113,685. It was a sharp and confident move with no signs of weakness.
📊 Market Observations
• Trading volume significantly increased during the night, especially from 03:00 to 01:00 — typical behavior during an aggressive short squeeze.
• Daily high: 113,757 USDT; low: 109,443.
• Technically, the market is continuing its uptrend after holding the key support level at 105,200 USDT last week.
📰 Fundamental Signals
• Kimchi premium is negative (-0.69%) — Korean investors seem to be in risk-off mode.
• Upbit listed BABY BTC, and activity in altcoins is picking up.
• Institutions are still cautious — even after BTC broke above 109,700, there’s no strong bullish sentiment from their side.
📌 My Take
The rally is strong, but not euphoric. There’s clear interest in BTC, and volume confirms the trend’s strength. However, the ETF flows and ongoing USDT discount in China signal the need for caution. Now is the time to avoid greed, take partial profits, and closely monitor how the market reacts to upcoming resistance levels.
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✅ Buy & Sell across 5 strategies
✅ Signal reliability assessment
✅ Instant technical analysis
✅ Projected win-rate calculation
Subscribe now and receive FULL access FREE for 7 days. t.me/gerkovru
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
‼️TRY THE ADVANCED SIGNAL INDICATOR‼️
✅ Buy & Sell across 5 strategies
✅ Signal reliability assessment
✅ Instant technical analysis
✅ Projected win-rate calculation
Subscribe now and receive FULL access FREE for 7 days. t.me/gerkovru
✅ Buy & Sell across 5 strategies
✅ Signal reliability assessment
✅ Instant technical analysis
✅ Projected win-rate calculation
Subscribe now and receive FULL access FREE for 7 days. t.me/gerkovru
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.