#BTC 100,000 💪

Here's the Analysis of #FTM :

#FTM going though a downtrend phrase and taking support near by $0.71 - $0.75 and also had a fakeout over the area too. Price also holding from the trendline and still maintaining the bearish market structure, so buys are not favorable and there's 50-50 chances, so you go with the lower risk and tight SL.

#BTC gave a healthy close over the $100,000 level and now, in a bit of small consolidation forming. This is good sign of healthy moving market and small retest might come after a fakeout near from $103,000 area.

#GOLD UPDATE :

#GOLD moved as per the drawn level but failed to tap into the support area, moved all the way up towards the resistance around $2656 - $2662 and rejected. Price also took support from the lower level and ended up being in a range. Nothing clear as of now, wait for a breakout either side of the zone.

🚨 Bitcoin Spot ETF Update - Jan 6 📊
Total net inflows: $987M

- Fidelity FBTC: $370M
- BlackRock IBIT: $209M

Strong institutional demand continues to drive Bitcoin's momentum! 🚀

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Here's the Analysis of #THE :

#THE started dropping from the flip area acting as resistance around $1.71 - $1.76 and broke the trendline too. The local support is at $1.17 and might have a bounce though it. Overall, momentum is bearish, so buys can be avoided and wait for support or shift in market structure.

#BTC failed to move a little bit and straight away dipped into the market. Yesterday news drive the market strongly and shifted the H4 to Bearish and might retest the $93,000 area again.

#FTM broke the support with a daily candle closure and might follow though it and reach out the next flip area around $0.52 - $0.54. short-selling can be done for a scalp and buy from support with Confirmation.

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Here's the Analysis of #ETHFI :

#ETHFI dropping hard from the major resistance zone around $3.12 - $3.30 and continuously dropping towards the support zone around $1.71 - $1.80. Market looks strongly bearish, support might not gonna hold, better wait for the market structure shift.

#BTC moved as per the plan and dropped towards the $93,000 area which is drawn as support. The Bearishness might continue as price is not giving any signs of bullishness. In short-term buyer are in control but wait for the further session opening to see the clear picture.

#ZEN entering the zone 👀

Market is going bit indecisive due to #Bitcoin Volatility and Some Fundamental news events.

In either scenario, altcoins are dipping down more rather than moving up with same momentum.

#NFP this Friday 📊

#ETH ANALYSIS :

#ETH was moving still in the consolidation and now back this week price dropped with the overall market conditions. Price is now on the support zone of $3280 - $3310 and trying to break through it. If Daily candle closes below the support zone then we can expect the price driving lower towards the $3075 area, which will act as the support zone.