Bitcoin holds its upside case while exit signals build across the market

Kitco Media
By Aaron Dishner
Published:
Updated:
Kitco Commentaries
Opinions, Ideas and Markets Talk

Featuring views and opinions written by market professionals, not staff journalists.

Bitcoin holds its upside case while exit signals build across the market teaser image

Bitcoin closed Tuesday above a key resistance step, but the Better Traders read is constructive without becoming complacent. Momentum is overbought, major-asset dominance remains firm, and several market-wide charts still call for selective rather than broad-risk-on execution.

Bitcoin has room to push, but this is not a dip-buying call

article image

Bitcoin chart after Tuesday close

BTC closed Tuesday above the next resistance step at $66,445 and printed a four-hour TBO Breakout Cluster. The source still sees a path higher after a possible tag of the four-hour Fast line, but daily RSI is overbought. That combination is why the commentary explicitly rejects treating the current move as a buy-the-dip opportunity.

ETH and dominance keep majors in focus

article image

Ethereum Tuesday chart

ETH reached a slightly higher local high at $1,953 and RSI also moved overbought. BTC.D closed above its Cloud and ETH.D remains strong bullish. BTC.D is Bitcoin dominance, not BTC spot price; SOL.D is Solana dominance, not SOL spot price. These are market-share signals, not coin-price calls.

Mastering Assets cryptocurrency investing promotion 

ALT participation is uneven

article image

Bitcoin dominance chart

TOTALES.D confirmed an Open Long but is nearing a potential top, while OTHERS.D fell below its Cloud and reached an extremely oversold RSI reading that could produce a squeeze. TOTAL3ESBTC remains very bearish. The message is to execute chart by chart, not to assume a broad ALT expansion.

Macro charts remain defensive

article image

S&P futures chart

The DXY is working on a second bearish-divergence cluster, with roughly 99.311 marked as short-term support. S&P futures had a green Tuesday close but remain in bearish consolidation. The SPX oversold bounce offers only a possible short-term sign and the source says the chart can still fall.

Gold and oil are the commodity focus

article image

Gold bullish divergence chart

Gold printed a bullish-divergence cluster, and the source continues to favor gold over BTC as Bitcoin nears the end of its move. Oil pushed higher again amid renewed Middle East tension, stopping out the source's oil short.

ALT execution remains tactical

article image

ONDO resistance chart

ONDO tagged TBO Resistance after a 12% pump, which the source calls a strong short entry. POL tagged its Fast line and printed an Open Long, SKY confirmed an Open Long, and ENA is working on a Close Short. These are distinct setups, not a blanket ALT thesis.

Learn my strategies and the tools I use every day by visiting The Complete Cryptocurrency Investor by Mastering Assets .

Kitco Media

Aaron Dishner

Co-founder and lead instructor at The Better Traders, Inc., an international crypto education company, and owner of the popular crypto bot trading YouTube channel Moonin Papa, Aaron Dishner serves over 25,000 students across 36 countries as a world-leading bot trader and crypto day trading and swing trading expert. Combining his passion for educational excellence, stemming from a professional teaching background, with his remarkable skill set in crypto trading, Aaron’s mission is to make trading safe and accessible so anyone can learn to benefit from the greatest financial revolution of our time.
Mdi Earth Logo
Disclaimer: The views expressed in this article are those of the author and may not reflect those of Kitco Metals Inc. The author has made every effort to ensure accuracy of information provided; however, neither Kitco Metals Inc. nor the author can guarantee such accuracy. This article is strictly for informational purposes only. It is not a solicitation to make any exchange in commodities, securities or other financial instruments. Kitco Metals Inc. and the author of this article do not accept culpability for losses and/ or damages arising from the use of this publication.