Alexander Dvy
150 posts
$BTC $TOTAL In recent days, it was clear that we were not at a bottom, and I repeated it every day: if the OBV continues to fall like this, there is no real demand, just people trying to guess the low. Now the price has simply confirmed it. Looking at the TOTAL, the market can finally breathe a sigh of relief at a level it is about to reach. It is an area where buyers have entered in the past, and it makes sense to expect a slowdown in pressure. I am not saying 'the bull market is back', but rather a stop after the fall, an area where something more interesting may form. On BTC, however, the story is different. It has lost levels that were fundamental to sustaining a credible uptrend. We can joke about 140k, but if we don't recover those areas, talking about new highs makes no sense. First, we need a clean and defended recovery, not an isolated green candle. So yes, there is some relief, and it may even generate nice rebounds to trade, but let's not confuse a breather with a restart. Until the volume changes tone and the OBV stops falling, this is just the market taking a breather, not changing direction.
$BTC $TOTAL In recent days, it was clear that we were not at a bottom, and I repeated it every day: if the OBV continues to fall like this, there is no real demand, just people trying to guess the low. Now the price has simply confirmed it. Looking at the TOTAL, the market can finally breathe a sigh of relief at a level it is about to reach. It is an area where buyers have entered in the past, and it makes sense to expect a slowdown in pressure. I am not saying 'the bull market is back', but rather a stop after the fall, an area where something more interesting may form. On BTC, however, the story is different. It has lost levels that were fundamental to sustaining a credible uptrend. We can joke about 140k, but if we don't recover those areas, talking about new highs makes no sense. First, we need a clean and defended recovery, not an isolated green candle. So yes, there is some relief, and it may even generate nice rebounds to trade, but let's not confuse a breather with a restart. Until the volume changes tone and the OBV stops falling, this is just the market taking a breather, not changing direction.
Now you'll start seeing people everywhere calling it a 'bottom' and 'altseason' for the hundredth time, as if a green candle were enough to change an entire cycle. But you know by now: a real bottom doesn't happen overnight. I've taught you this many times: a bottom is not an event, it's a process. And those in a hurry always confuse it with a simple rebound.
