This level is KEY for Bitcoin: 113.962$.
If we were to bounce from here, we would need to surpass $113,962 to say that the structure has changed and no longer consider any corrections.
At the lower end: $104,000 worst case scenario.

How far can Bitcoin fall? 👇
Right now we are in an important weekly support zone, it will be difficult to break.
In case of a break, the Fibonacci levels mark two important areas:
- First barrier: 104.153$
- Second barrier: 101,705$
In the most extreme scenario, we could see 98,914$, but it is very unlikely for now.
Bitcoin remains above the August lows (107K) and the support, which is a good sign.

Ethereum $ETH
Are we on the ground?

Settlements are COMPLETELY unbalanced:
Bitcoin: If it falls to 107K, 2.6B$ will be liquidated. If it rises to 123K, 11B$ will be liquidated.
Ethereum: If it falls to 3.7K, 1.7B$ will be liquidated. If it rises to 4.7K, 8.7B$ will be liquidated.

From here:
If ETH drops to $3500, 700M will be liquidated.
If it rises to $4750, 10,000M will be liquidated.

The bearish are waiting for $91k
But the MVRV indicator just told them NO
Perfect bounce from key support, important not to lose it to keep looking up.

Bitcoin volatility at MINIMUMS.
What does this mean?
When Bitcoin's volatility reaches lows, historically the following weeks/months have brought explosive rallies.

Asterlined?
I still haven't sold anything, for now.
My first target is $0.855 at 50%.
Although if I see too much pressure, I will sell earlier.
Whatever it is, GG 🤝

The FED officially lowers interest rates by 25bps.
First cut of 2025 after 5 consecutive meetings with no changes in monetary policy.
The important thing now will be Powell's tone in the press conference; we will see if he opens the door to more cuts this year.

New all-time highs of accumulation wallets in Bitcoin.
We surpassed the last peak that we had recorded.
Whales are aggressively buying while the price remains sideways waiting for the Fed's decision.

Crypto seems to have already priced in the possible Sell The News.
The Nasdaq, no, it has been in the green for 10 consecutive days.
Could the Trading sector fall while Crypto rises?
Could 🤝

When the Fed lowers interest rates and the SP500 is at its highs, historically the market continues to rise.
This has happened 20 times and the SP500 has always continued to rise in the following months.
It is a very positive sign.

Bitcoin confirms trend reversal: bearish structure broken.
What to expect now?
We could see a natural correction before the next bullish impulse:
113,486$ → Key support (previous high)
111,348$ - 111,886$ → Strong confluence zone
The important thing is that Bitcoin is in a BULLISH trend across all timeframes.
The technical structure is very solid and we are prepared to attack new all-time highs in the medium term.

TOTAL3: Is the altseason starting? 💣
Technical situation:
- We broke compression
- We test breakouts
- First impulse completed
- We reached the previous maximum
But...
The most important level remains to be broken.
This maximum is what will really kick off the alts.
If we surpass it, we will see new ATHs for Total3 + Altseason phase.