@1771
Quick Market Updates:
BTC (87,170)
Market is weak and signals don’t align well. Daily RSI is low, MACD negative, price below key EMAs. I’m staying out. No trade. I want to see BTC reclaim the daily EMA50 before considering longs. Shorts only make sense on a clear higher timeframe breakdown.
ETH (2,920)
ETH looks similar to BTC. Daily and 3h momentum is soft and MACD is mixed. Also a no trade for now. I’d only look long if ETH reclaims the daily EMA zone around 3.1k to 3.2k with momentum backing it.
SOL (121.8)
SOL is the only tradable idea, but only as a small, risk first setup. Daily trend is still down, but RSI is getting oversold.
• Long zone: 119 to 123
• Stop: below 112
• TP1: 142
• TP2: 162 if momentum improves
This is a mean reversion play, not a trend trade. Entry only if 1h momentum turns up. Because the stop is wide, size must be small so risk stays capped at 1%.
BTC and ETH are waits. SOL is a tactical play only if you are disciplined. If not, best trade is no trade.