Bitcoin Open Short Confirmed: Altcoin Rotation Gets Wild
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
🔥 Exclusive Resources For You 🔥
🎲 Play Moonin Papa BINGO with today's video: https://bingo.thebettertraders.com/
🥇 TBO Indicator
The Trending Breakout (TBO for short) indicator is the best TradingView indicator for a reason: it spots trends early, identifies breakouts, and helps me avoid false signals and market noise. Get access to it here: https://www.thebettertraders.com/TBO
💪 Sign up and Trade on Toobit
Trade to Earn up to $30,000 in Welcome Rewards with my special link 👉https://go.coinbureau.com/aarontoobit
🦾 Altrady: The Best Automated Crypto Trading Platform
Use the best crypto trading platform to automate your trading and take it to a whole new level. Whether it's DCA bots, Smart Trading, or Grid Bots, Altrady has the best tools available. Save 12% with our special referral link: https://altrady.com?a=thebettertraders
🧑🏫 Crypto Trading Education Courses
Ready to take your trading to the next level? Learn our proven strategies for making substantial profits through crypto trading, covering Automated Bot Trading, Active Scalping, Day Trading, and Swing Trading at https://www.thebettertraders.com. Our courses are designed to turn you into a trading powerhouse 💪
💡 Mastering Assets
Learn the foundational basics of cryptocurrency and Bitcoin with an investor's perspective at Mastering Assets. Get started in crypto with my intro course, The Complete Cryptocurrency Investor: https://masteringassets.com/
💯 My Official Links
Stay in touch with all things crypto by following me across all platforms. Check out https://linktree.com/aarondishner for easy access to Discord, Twitter, Instagram, and TikTok. Follow us for the latest market insights, updates, and more.
*Disclaimer: I am not a financial advisor, and none of the information presented in this video should be considered financial advice. All content shared is for educational purposes only. Please conduct your own research and consult with a professional before making any financial decisions.
