#134 Supplemental Data
Three, two, one, on and poppin'
This post contains the key technical data and metrics used to create the weekly update released each Monday morning.
1. Total Market Weekly Structure
No New Changes - Last modification Mar 9, 2025:
(Chart: Link)
Trend: Remains structurally bullish.
Key Levels: Closest resistance at $2.85T. Closest support at $2.25T.
Confirmation Watch: Awaiting a weekly close above $2.85T to validate the $2.46T level as confirmed support.
Potential Scenarios:
Bearish: If price forms a lower high (breaking $2.85T but fails to set a new all time high) and subsequently breaks below $2.46T, it would confirm a shift towards a bearish trend and bear market.
2. Total Market Daily Structure
No New Changes - Last modification April 12, 2025:
(Chart: Link)
Trend: Remains structurally bullish.
Key Levels: Resistance at $2.7T may be broken today**.** Next closest resistance at $2.82T. Closest support at $2.6T.
Confirmation Watch: Awaiting a two consecutive bearish candles and a close below $2.57T (at the time of writing) to confirm a resistance.
Potential Scenarios:
Bullish: If price breaks both $2.7T and $2.82T it would confirm a shift towards a bullish trend.
3. Crypto Money Flow
New Changes!!! (sort of) - Last modification Mar 26, 2025:
(Chart: Link)
Anchor point: April 13, 2025, 08:00 UTC (for relevant granularity).
Observation: Bitcoin (BTC) market cap shows a steady relative increase.
Interpretation: Sustained capital flow into BTC suggests potential base-building activity, possibly preceding a broader market move led by Bitcoin.
4. Additional Metrics
Retail Sentiment: Remains bearish, and is moving towards a “resistance” test at the midline (50). A move above $89K - $90K for Bitcoin might be needed to reach majority bullish sentiment.
Market Validity Score: Most assets reflect bearish daily structure, but are currently following Bitcoin and making rallies off of lows. A bullish move of all assets, in my opinion, is a good thing for the short-term future.
Click the links below if you need a refresher on the sections above.
@ThePrivacySmurf