Dexter crypto Hunter

/USDT ANALYSIS

Bitcoin is rebounding from the support trendline of an ascending broadening wedge pattern, currently trading above the 21MA and 50MA, which are providing strong support and indicating bullish momentum.

This setup suggests the potential for an upward movement. However, if Bitcoin breaks below the wedge's support trendline, it could trigger a market correction.

&P 500 ANALYSIS

The S&P 500 has successfully broken out of its ascending triangle pattern and is now forming a double top pattern, suggesting a potential downward movement.

This aligns with the Ichimoku Cloud, which continues to highlight underlying bullish momentum. After filling the CME gap, a minor pullback could occur, potentially paving the way for a stronger rally.

Notably, the S&P 500’s price action often correlates with trends in the cryptocurrency market, making it an essential indicator to watch for broader market signals.

JUST IN: Bitwise's 10-crypto index ETF filed with the SEC:

• XRP
• Bitcoin
• Solana

XRP
• Bitcoin
• Solana
• Uniswap
• Polkadot
• Chainlink
• Ethereum
• Avalanche
• Bitcoin Cash

DOMINANCE ANALYSIS

USDT Dominance is consolidating within an inverse cup-and-handle pattern and has successfully broken below the structure, followed by a retest.

The Ichimoku Cloud is serving as a strong resistance barrier above the current price action. A sustained downward move from this pattern could signal a bearish trend for USDT Dominance.

Given its inverse correlation with the broader crypto market, this scenario typically aligns with bullish momentum across cryptocurrencies.

MARKET CAP ANALYSIS

The total cryptocurrency market cap has been consolidating within a super ascending triangle pattern and recently broke out with significant volume, reaching a new all-time high.

The Ichimoku Cloud is also indicating strong bullish momentum, further supporting the potential for continued gains across the broader crypto market.

JUST IN: 🇺🇸 $100 billion asset manager Wisdom Tree registers in Delaware for spot $XRP ETF. :

MicroStrategy has acquired 55,500 BTC for ~$5.4 billion at ~$97,862 per Bitcoin

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/USDT ANALYSIS

IMX is currently consolidating within a descending channel, with price action attempting to break through the resistance trendline. The 100-day moving average is positioned just above the channel, acting as an additional resistance level.

A decisive breakout from the channel, coupled with a move above the 100MA, would serve as strong bullish confirmation. Traders should monitor this closely, as a successful breakout could signal a shift in momentum.

got it seller reaction, and back inside the consolidation range and into support too. Market again into a fear mode and again rejecting the support. Its a crucial point and need to see break in structure.