il Capo of Crypto TA FREE

Many altcoins, especially low caps, are giving very good returns these days. And in my opinion, the altseason hasn't even started yet. The altcoins market cap index (OTHERS) is giving its first bullish confirmation, which is a very good sign and could indicate the beginning of acceleration. If/when it gives the second bullish confirmation (above the dark zone), that's when the fireworks could start. I missed several opportunities in 2023, but as I often said, there will always be more. It’s all about patience, timing and choosing wisely, and now feels like one of those great moments.

More and more altcoins are starting to outperform, breaking their downtrends and giving bullish confirmations. It's great to see the analysis playing out. I hope you're finding the content helpful—if you do, feel free to show some support. It goes a long way in letting me know it's making a difference.

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It looks like the previous pump was the test pump, and this dump below $60k is a bear trap.

Fed Cuts Interest Rates by 50 Basis Points Good market reaction so far 🔼

FOMC and Federal Reserve Interest Rate Decision, today at 7pm (GMT+1) ⏰ The market reaction pre and post is going to be more important than the data. There's probably going to be volatility, so avoid leverage. Let's see!

Good night!

Current market situation $BTC has reclaimed the $60k level, which is an important pivot point. Liquidity zone above the last ATH seems more likely now. On the other hand, the Bitcoin dominance (BTC.D) is at a major htf resistance level, and the uptrend is losing strength. This idea is supported by the bottom formation on the altcoins dominance chart (OTHERS.D). This is why despite using BTC as a reference for market direction, the focus and money should be on altcoins. In my opinion we are about to enter an important impulsive bullish wave, where altcoins should outperform. The plan is clear.

Nice pump! 🔼 This is why it's very important to ignore short-term corrections and stay focused on the bigger picture.

GM The market is bouncing nicely and shorts are entering here aggressively, while bulls seem to be in control. This could end in a massive short squeeze.