BTC bulls just won a brutal battle. Weekly candle closed green after that intense tug-of-war, and the daily managed to push above yesterday's high wick. That's not nothing.
Meanwhile SOL sitting at 132, right as Breakpoint conference approaches. Timing's interesting.
Here's the setup: this zone looks like a solid entry point for aggressive buyers. FOMC decision coming up, and market's pricing in favorable outcomes. Could be the catalyst we've been waiting for.
Risk-on sentiment building, technicals aligning, macro tailwinds potentially incoming. The pieces are falling into place.
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SchrödingersNode
· 17h ago
A weekly close in the red doesn't mean much; what's crucial is how it moves after the FOMC.
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0xLostKey
· 18h ago
The green candle is here, this wave is not easy.
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SatoshiSherpa
· 18h ago
Weekly chart closes green, the bulls indeed held this wave, looks comfortable.
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FreeMinter
· 12-08 03:51
NGL, this surge is really pretty intense. The moment the weekly candle turned green was quite satisfying, haha.
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VibesOverCharts
· 12-08 03:50
ngl this move is actually something, a green weekly close is no small feat
SOL hitting 132 at this level is really on point
Wonder if the upcoming FOMC will be another big bomb...
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LayerZeroHero
· 12-08 03:49
The weekly close in green is a detail that can't be ignored. Actual data shows me that risk assets are indeed building momentum. How solid is the technical confirmation of this rally before the FOMC? Honestly, I still feel a bit uneasy.
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LuckyBlindCat
· 12-08 03:29
Another mind-blowing weekly candle, really daring to go up.
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SOL at this level is hilarious, Breakpoint hasn't even started yet and it's already sitting at 132, waiting to watch the show.
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FOMC is here, and some people are hyping up the “at the cusp” narrative again. I honestly don’t buy these levels in the chart.
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The green candle is green, but I just want to know if it can hold next week, don’t let it flop again.
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Hey wait, everyone’s saying it’s a great opportunity, so who’s actually left holding the bag...
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0xDreamChaser
· 12-08 03:28
It's definitely not easy for the weekly candle to close green, but how far this rally can go still depends on whether the FOMC delivers.
BTC bulls just won a brutal battle. Weekly candle closed green after that intense tug-of-war, and the daily managed to push above yesterday's high wick. That's not nothing.
Meanwhile SOL sitting at 132, right as Breakpoint conference approaches. Timing's interesting.
Here's the setup: this zone looks like a solid entry point for aggressive buyers. FOMC decision coming up, and market's pricing in favorable outcomes. Could be the catalyst we've been waiting for.
Risk-on sentiment building, technicals aligning, macro tailwinds potentially incoming. The pieces are falling into place.