Mimi Ho @KoraTrades: "𝐖𝐞𝐞𝐤𝐥𝐲 𝐎𝐯𝐞𝐫𝐯𝐢𝐞𝐰: 𝐃𝐚𝐭𝐚 𝐚𝐧𝐝 𝐂𝐫𝐲𝐩𝐭𝐨   I..."

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𝐖𝐞𝐞𝐤𝐥𝐲 𝐎𝐯𝐞𝐫𝐯𝐢𝐞𝐰: 𝐃𝐚𝐭𝐚 𝐚𝐧𝐝 𝐂𝐫𝐲𝐩𝐭𝐨   I have the 𝐓𝐋𝐃𝐑 (summary) below for those who can’t digest all this information, however I do recommend reading it all for context. With the government shutdown still in play and jobs data on hold, key events on my radar this week:  →Wednesday: FOMC minutes →Thursday: Powell speech   📌 𝐌𝐲 𝐎𝐯𝐞𝐫𝐯𝐢𝐞𝐰 𝐑𝐞𝐜𝐚𝐩 Last week I mentioned:  → We may see a relief rally and if this was strong then the bull cycle continues  → BTC dominance and USDT charts remain bearish but could start ticking up temporarily  → ETH to flip 4100 into support  Since then, BTC hit a new ATH of 125k which is great to see. So the question on everyone’s mind now is: what’s next? I will outline what I see based on my data and research. 𝐈𝐦𝐩𝐨𝐫𝐭𝐚𝐧𝐭 𝐭𝐨 𝐍𝐨𝐭𝐞 Before I get into the below, I would like to emphasise that:   → Nothing goes up in a straight line.  → I provide lower timeframe analysis for traders and higher timeframe outlook for investors. → I focus on BTC and ETH price for market direction overall. $BTC We have high levels of liquidity sitting up around 𝟏𝟐𝟓𝐤-𝟏𝟐𝟕𝐤 (a lot of traders trying to short which is no surprise), so a spike there is possible. However, a lot of liquidity is also building below as traders FOMO in this rally and I’m seeing a lot of high leveraged long liquidations between 𝟏𝟏𝟖𝐤-𝟏𝟐𝟏𝐤 zone (traders opening up 25x-100x long positions expecting price to go up). Historically, when looking at BTC on the 𝐝𝐚𝐢𝐥𝐲 timeframe, retraces have been quite shallow during strong parabolic moves (I believe we are at the start of the next parabolic move for BTC). That’s why I’m eyeing that 118k-121k range for a pullback, with around 𝟏𝟐𝟎𝐤 as a psychological support level. Breaking below these I would re-assess and look at 115k-117k which would still be healthy if this parabolic move was to be confirmed. 𝐍𝐞𝐱𝐭 𝐁𝐓𝐂 𝐩𝐫𝐢𝐜𝐞 𝐭𝐚𝐫𝐠𝐞𝐭 ⬆️ My next target upwards for BTC would be around the 𝟏𝟑𝟎𝐤–𝟏𝟒𝟎𝐤 levels. Not numbers I plucked out of the air but based on (for those interested in some TAs) the fibonacci extension from the 98k low, targeting the golden pocket between 1.272 and 1.618. 𝐁𝐓𝐂 𝐃𝐨𝐦𝐢𝐧𝐚𝐧𝐜𝐞 & 𝐔𝐒𝐃𝐓 𝐃𝐨𝐦𝐢𝐧𝐚𝐧𝐜𝐞 BTC Dominance is ticking up as expected but overall the dominance chart remains bearish. I wouldn’t rule out a target of around 62% where it forms a lower high before the downtrend of dominance continues. This is the same for USDT dominance. As these dominances go ⬇️ Altcoins will ⬆️. $ETH Flipped 4100 level as support. The significant level I’ll be watching next is a breakout of the 5k level, which then it’s likely party time for alts. Won't happen overnight but it is what I expect once BTC stops stealing the spotlight.  𝐏𝐬𝐲𝐜𝐡𝐨𝐥𝐨𝐠𝐲 𝐚𝐧𝐝 𝐅𝐮𝐧𝐝𝐚𝐦𝐞𝐧𝐭𝐚𝐥𝐬 Retail isn’t here yet, euphoria isn’t here yet. This is why I’ve stayed long term bullish and believe the top was not in. ETFs are still to come, adding another layer of fundamental strength to this cycle and alts. 𝐖𝐡𝐞𝐧 𝐀𝐥𝐭𝐬𝐞𝐚𝐬𝐨𝐧? This is the ultimate question. As I mentioned in last week’s Market Buzz livestream, we have been seeing narrative seasons rather than a broad altseason. It’s about strong tokens (battle tested tokens and even the old dino coins) paired with strong narratives.   For example $ZEC, which I wrote about previously, is an older “dino” coin that has been a part of the recent privacy narrative. My high conviction investments remain as is while I begin to hunt for strong narratives for my community. Again, I’m not saying that the major altcoins will not rise along with BTC but this version of altseason will be more so ‘Narrative Season’ → AI, Gaming, Utility, Tokenisation, privacy and so on. 𝐖𝐡𝐚𝐭 𝐈’𝐦 𝐝𝐨𝐢𝐧𝐠 I will begin to add to my high conviction Alts that have not run. This includes but not limited to $XRP $ADA LINK AVAX SUI ONDO XLM FET CRV $HBAR 𝐓𝐋𝐃𝐑  → Bullish. → Retail isn’t here, euphoria isn’t here, ETFs incoming. → Ideally I want to see BTC retrace to 118k–121k, with 120k as key psychological support. Even below to 115k-117k is healthy. → Next upside target for BTC sits around 130k–140k based on my TAs. → BTC and USDT dominance could tick up a little more but remain bearish overall = good for alts. → Alts will continue to do nothing for now overall as dominances remain steady. → I will continue to add to my high conviction altcoin positions. → This cycle’s “Altseason” is more of a “Narrative Season”. 𝐂𝐨𝐦𝐦𝐮𝐧𝐢𝐭𝐲  I share my insights in real time and in more detail within my private community. Message me on LinkedIn if you wish to join. Have a great week ahead and I will continue to provide updates over the week. 👩🏻‍💻☕️ (The above is my opinion based on my analysis and research and not financial advice)

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BTC

ETH

ZEC

XRP

ADA

HBAR

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