BTC, ETH, SOL Support, Resistance, and Discovery Zones From HereHere's the 'heat map' for Bitcoin, ETH and Solana's prices from here.
Despite the big liquidation target zone and buy limit order concentration in the $106k zone in Green...
Price pushed higher the last few days as 'Uptober' took hold and the US Government shut down, effectively silencing any negative economic news releases.
Plus we can see that 2 more rate cuts are virtually guaranteed in October and December.
So, very likely that Bitcoin rallies to new ATH later in October into November.
However, I'm seeing sell block pressure just above on Bitcoin in the $121k - $124k range, and also on the TOTAL market cap.
What's interesting is that I'm not seeing any sell block pressure on TOTAL2 or TOTAL3, indicating that Alts are more likely to push higher from here, as BTC retraces.
What do you think?
Solupdate
SOL PUMP COMMING !!!!!SOL Breaks the symmetrical triangle to the Downside and now it is Trading at the Major Support Zone of $42.5-$40 . SOL needs to Hold This Support Zone to be bullish . I'm expecting bounce from this zone . If SOL Will lost this support zone then we may see 40% More Correction in SOL . Next Good Support zone IS $23-$22 .You Can Add some SOL b/w
$42-$40 With the tight StopLoss Below this zone . Targets Will be $47 ,$57 , $70 .
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