BTC confirmed a TBO open short on Saturday, adding another bearish signal after the prior TBT bearish divergences and TBO closed long. I am watching $71,866 on the long-term support fan and $70,466 as the next short-term support target if the current pivot low gives way. ETH still looks bearish as well, even though RSI has started to put in higher lows.
The broader market is giving mixed signals. Total crypto excluding stablecoins already confirmed a TBO open short, while combined stablecoin dominance remains macro bullish and still suggests another capitulation dump could be ahead. BTC dominance has dropped hard, others dominance is getting very overbought, and the strongest alt action is showing up in the 11 to 100 market cap range.
Today's watchlist covers BTC, ETH, stablecoin dominance, BTC dominance, OTHERS, DXY, ES, VIX, oil, gold, silver, uranium, and a big batch of altcoin and stock setups. XLM, NIGHT, FET, INJ, MYX, H, HYPE, VVV, BNB, HBAR, BIANRENSHENG, ID, MU, PLTR, CRM, SNOW, WDAY, MOD, and ROKU all had notable moves or setups, while LINK, SUI, VET, XTZ, WAL, TON, QNT, TIA, APT, CRV, and several others still need caution.
Chapters:
00:00 BTC confirms TBO open short
04:19 ETH still bearish
05:41 Total crypto market cap excluding stables
06:26 Stablecoin dominance warning
07:15 BTC dominance drops hard
07:46 OTHERS dominance gets overbought
09:09 TOTALE100 and alt rotation
09:39 DXY and TradFi check
10:13 VIX, oil, gold, silver, uranium
12:40 Better Traders, TBO, Toobit, Kraken
14:25 XLM, NIGHT, FET, INJ breakouts
16:46 MYX and H huge pumps
17:45 SHIB and CAKE reversal alerts
18:30 HYPE, ZEC, RENDER, DEXE, VVV
20:33 LINK, SUI, VET, XTZ, WAL bearish setups
22:15 TON, QNT, TIA, BNB, HBAR, ASTER
23:48 ALGO, MORPHO, BIANRENSHENG
25:22 Viewer picks: APT, CRV, PENDLE, GRASS
27:35 WLD, NEAR, ID
28:53 Stocks: MU, PLTR, CRM, SNOW, WDAY
30:55 VRT, MOD, HIMS, ROKU
33:09 Solana deep dive follow-up