For me, the Nasdaq's large weekly down candle on heavy volume confirms a weekly false breakout.
I expect a choppy decline on the weekly timeframe, with late-July support at 25000 my first reference.
@KoroushAK I'd use alerts to cut screen time too, but I'd treat an entry alert as a prompt to reassess, not necessarily to open a position. Price reaching a level doesn't mean the morning's setup still holds. I'd rather miss an entry than assume the alert captures everything that matters.
I lean bearish on Bitcoin: futures CVD was lower at the same price during last night's rebound, signaling weaker buying, while funding stayed high and positive.
If order flow stays bearish, I see the broader direction turning lower.
I see today's Nasdaq rally from a lower open on huge volume as likely just a bounce: it hasn't fully recovered yesterday's bearish candle.
I'd view a bearish, high-volume weekly close tomorrow as confirmation of a weekly false breakout.
I see strong demand for Bitcoin after the hourly wick, backed by a sharp surge in hourly volume.
I expect another rebound to test 835-845 resistance, with a possible break above that zone opening the way toward 87000 again.
I see Bitcoin's daily chart as weak after yesterday's high-volume decline, with persistent selling pressure keeping it below 84500.
I see a strong chance of a break below 80000 into the prior 76000-80000 range.
With Bitcoin stalled at 843-845, I said another 81000 test was likely if selling pressure spread to higher timeframes.
Price has now returned to support near 81000.
That's the retest I mapped out—not a confirmed break below support.
I see Nasdaq futures as very weak: volume was light on the rally before the false breakout, then much heavier on the drop back.
To me, that's textbook false-breakout price and volume behavior.
I don't see Bitcoin's daily rebound as strong: yesterday's solid volume showed demand, but price stalled at 843-845.
I see the 2h selling pressure as an early signal; if it spreads to higher timeframes, I see another test of 81000 as likely.
I see crude oil's rebound, a false breakout in US stocks and Nvidia's weekly false-breakout double top potentially weighing on risk assets.
In that setup, I expect Bitcoin to return to its broad range bottom near 65000, not start a one-way rally here.
I see no Nasdaq strength after last Thursday's high-volume drop and Friday's light-volume rise.
With today's premarket down, I expect a lower open below 27200. My base case is a false breakout and choppy downside, pending this week's weekly confirmation.
I expected Bitcoin to retest near 81000 after low-volume bounces. This morning, I saw a wick to 81000 and a rebound.
I see no 9h hold above 84500 yet. If a high-volume 9h down candle forms below 84500, I'd expect another 81000 test, possibly a break below.
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