Cena SpaceCatchCATCH

Quick update regarding #BTC. Most probably we will see a breakout from recent resistance zone and a move towards to 110K area. Good that I closed last shorts. Good news are - BTC.d looks like found resistance here! If it will show a good bearish reaction and close - then expect alts to pump! Which means, its good time to accumulate alts again here. Alts can give another 20/30% of the move! or may be more! This kind of strength im definitely not shorting. Unfortunately i couldnt catch nice longs on time, due to personal reasons, had to pay attention to something else and was not next to charts. More updates will write tomorrow. And also I will write why I closed shorts etc. GN

We're topping. I wont catch it but we are

Litecoin (LTC) price is flashing mixed signals as both bulls and bears battle around key support and resistance levels. After showing strength earlier in May with a rally above $100, LTC now trades at $96.01, caught in a tight range. Let’s break down the daily and hourly charts to understand where L TC price might go next —and whether a breakout or breakdown is imminent. The daily chart shows a clean uptrend that began in mid-April, where LTC price rallied from below $80 to touch a local high near $104 . On the way up, Litecoin successfully flipped its 50-day moving average (now at $96.60) into support. It even briefly crossed above the 200-day moving average (red line) which currently sits at $100.41. But there’s a catch. LTC price has failed to hold above the $100 psychological resistance zone for more than a few sessions. The current Heikin Ashi candles are losing momentum, and we’re seeing a narrowing range between $94 and $101. This is a sign of indecision and often precedes a breakout. The Fibonacci retracement from the April low to May high shows that Litecoin price is hovering around the 38.2% retracement level near $96 , which is acting as support. If LTC holds above this, the next leg up could test $104 again, followed by $112, which corresponds to the 1.618 Fibonacci extension. Calculation Insight: This suggests that if momentum returns, a move toward $120–$125 is not out of the question. But that will require strong volume and a clean break above $104. Zooming into the hourly chart, Litecoin price is currently trading below all major moving averages : 20, 50, 100, and 200 SMAs, which are now acting as a cluster of resistance around $97.50 to $100. This shows that short-term momentum has shifted in favor of sellers. The recent bounce from $94 to $96.01 has been weak, with low volume and rejection at each resistance level. Moreover, the Heikin Ashi candles indicate indecision and slight bearish bias, marked by long upper wicks and small real bodies. Unless LTC breaks and sustains above $98.66 (the 100-hour SMA), we could see another dip to test the $92 support level. A loss of $92 would open the gates to $88 and potentially $85. On the bullish side, the 50-day SMA is currently supporting the price. If this support holds and bulls reclaim $100, LTC price could attempt another breakout above $104, targeting $112 and potentially $120. On the bearish side, failing to hold $94 may drag Litecoin toward $90 and then $85, especially if Bitcoin remains under pressure this week. Litecoin price is in a make-or-break zone. If LTC breaks above $100 with volume, it could target $112 and eventually $120 based on Fibonacci extension. However, if it fails to hold $94, then a pullback to $88–$85 becomes likely. Keep an eye on the daily close relative to the 50-day and 200-day moving averages. They will likely decide whether LTC breaks out or breaks down. Litecoin (LTC) price is flashing mixed signals as both bulls and bears battle around key support and resistance levels. After showing strength earlier in May with a rally above $100, LTC now trades at $96.01, caught in a tight range. Let’s break down the daily and hourly charts to understand where L TC price might go next —and whether a breakout or breakdown is imminent. The daily chart shows a clean uptrend that began in mid-April, where LTC price rallied from below $80 to touch a local high near $104 . On the way up, Litecoin successfully flipped its 50-day moving average (now at $96.60) into support. It even briefly crossed above the 200-day moving average (red line) which currently sits at $100.41. But there’s a catch. LTC price has failed to hold above the $100 psychological resistance zone for more than a few sessions. The current Heikin Ashi candles are losing momentum, and we’re seeing a narrowing range between $94 and $101. This is a sign of indecision and often precedes a breakout. The Fibonacci retracement from the April low to May high shows that Litecoin price is hovering around the 38.2% retracement level near $96 , which is acting as support. If LTC holds above this, the next leg up could test $104 again, followed by $112, which corresponds to the 1.618 Fibonacci extension. Calculation Insight: This suggests that if momentum returns, a move toward $120–$125 is not out of the question. But that will require strong volume and a clean break above $104. Zooming into the hourly chart, Litecoin price is currently trading below all major moving averages : 20, 50, 100, and 200 SMAs, which are now acting as a cluster of resistance around $97.50 to $100. This shows that short-term momentum has shifted in favor of sellers. The recent bounce from $94 to $96.01 has been weak, with low volume and rejection at each resistance level. Moreover, the Heikin Ashi candles indicate indecision and slight bearish bias, marked by long upper wicks and small real bodies. Unless LTC breaks and sustains above $98.66 (the 100-hour SMA), we could see another dip to test the $92 support level. A loss of $92 would open the gates to $88 and potentially $85. On the bullish side, the 50-day SMA is currently supporting the price. If this support holds and bulls reclaim $100, LTC price could attempt another breakout above $104, targeting $112 and potentially $120. On the bearish side, failing to hold $94 may drag Litecoin toward $90 and then $85, especially if Bitcoin remains under pressure this week. Litecoin price is in a make-or-break zone. If LTC breaks above $100 with volume, it could target $112 and eventually $120 based on Fibonacci extension. However, if it fails to hold $94, then a pullback to $88–$85 becomes likely. Keep an eye on the daily close relative to the 50-day and 200-day moving averages. They will likely decide whether LTC breaks out or breaks down.

Bitcoin has closely followed global liquidity for years. Time to play catch-up once more. #Bitcoin

Analysis: ETH's recent rise is mainly driven by technical factors, and the willingness to allocate widely may still be limited David Duong, head of research at Coinbase Institutional, wrote on the X platform that ETH experienced a price increase last week that was mainly driven by technical factors. The analysis pointed out that the increase reflected the short covering and subsequent position adjustment by a large number of traders in the market who were in the wrong positions, which made the price trend of ETH catch up with other major tokens such as BTC and SOL. However, David believes that despite such price performance, it may indicate that the market's willingness to make a broader allocation to ETH is still relatively limited.