After tagging the Fast line on Wednesday’s upper wick, Bitcoin was sharply rejected at previously lost support and has since fallen nearly -10%. This confirms the macro bearish stance of the daily TBO Slow line, which has held despite minor rally attempts. With BTC now below TBO Support, lower lows are expected, with $80k as the key level to break before a likely bounce near $75k.
Daily RSI is already oversold below 25, but this isn’t a clear dip-buy signal in a bottom-year environment. In strong bear phases, RSI can remain oversold for extended periods. OBV’s blue line is back under its flat white MA, and if the white line curls downward, it would confirm a more aggressive bearish trend. Rising volume and a steepening yellow MA suggest that sell pressure is growing.
Ethereum Charts Echo Bitcoin’s Breakdown
ETH was rejected even harder than BTC at its Fast line and lost resistance, which aligns with the “Multiple Factor Effect” — when several bearish conditions converge. Like BTC, ETH is near its first artificial support at $2,623. On the weekly, ETH appears ready to confirm an Open Short, echoing the warnings from two weeks ago when the Fast line was tagged as a clear exit opportunity.
Dominance Charts Confirm Market Risk-Off
Combined stablecoin dominance has broken above the daily TBO Cloud — a warning signal highlighted days ago that now confirms further downside pressure. If RSI pushes higher today, dominance may spike again, signaling more pain for alts. BTC.D printed a TBO Close Long 🔷, but with BTC losing key support, this likely precedes more downside for BTC.D and deeper rotation into stables.
Market Cap and OTHERS Charts Break Down
DXY’s pivot and drop in TBO Support suggest a move higher is coming, while US equities are showing early pullback signs. Gold may have topped near $5,600, now printing a Bearish Divergence — and silver, platinum, and copper are all selling off hard.
TradFi, Metals, and ALTs Signal More Trouble
Meanwhile, major alts like BNB, XRP, and SOL are flashing TBO Breakdowns, confirming widespread bearish momentum. A few outliers like MYX or CHZ show weak bounce attempts, but most ALTs are collapsing under pressure.
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