TradeCityPro | Bitcoin Daily Analysis #91

👋 Welcome to TradeCity Pro!
Let’s dive into the Bitcoin and major crypto index analysis. As usual, I'll go over the key triggers for the New York futures session.

⏳1-Hour Timeframe
As you can see, Bitcoin made a bullish move yesterday after breaking above 102,882 and reached as high as 104,866.

✔️ After hitting 104,866, the price failed to break this resistance and got rejected, pulling back to retest 102,882 with a wick.

✨ As long as the price stays above 102,882, I consider the market momentum bullish. I still hold my long position opened around 85,000 and plan to open another one if we break 104,866.

📈 So the best long trigger is a clean breakout above 104,866. The next resistance is 106,247, which makes the 104,866 breakout a bit riskier due to proximity to that major supply zone.

🔽 For short setups, the first trigger is again 102,882. If the price forms a lower high below 104,866, a breakdown of 102,882 could justify a risky short.

📊 Personally, I’m not opening any shorts yet since higher timeframe trends are bullish. My first valid short trigger would be a breakdown of 101,628.



👑 BTC.D Analysis
Bitcoin dominance continues to fall and has now reached the 62.07 support level and is reacting to it.

💫 If 62.07 breaks, we could see another bearish leg down to 61.34.

🔼 For BTC.D to flip bullish, we first need to see the descending trendline break and then look for confirmation and a long trigger from that.



📅 Total2 Analysis
After breaking through 1.24, Total2 moved up to 1.26 and is now pulling back to retest 1.24.

🧩 If 1.24 holds and the price breaks above 1.26, there’s a strong chance it continues toward 1.31. This would confirm a long setup for altcoins.

🔔 For short positions, the only valid trigger for now is a breakdown of 1.18.



📅 USDT.D Analysis
Tether dominance faked a breakdown below 4.51 yesterday but has now bounced back above it.

💥 Currently, we should wait for the price to retest 4.51 again and reassess that support. If it breaks down cleanly, we’ll get confirmation of bearish momentum for USDT.D, which would support a bullish trend in the broader crypto market.

❌ Disclaimer ❌
Trading futures is highly risky and dangerous. If you're not an expert, these triggers may not be suitable for you. You should first learn risk and capital management. You can also use the educational content from this channel.

Finally, these triggers reflect my personal opinions on price action, and the market may move completely against this analysis. So, do your own research before opening any position.