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GM!

Alert was triggered for "caution". This means that the first invalidation is close (clean break below 67k)

However, demand remains strong here and there are some hidden bullish divergences. A reclaim of 69.5k would be the confirmation for bullish continuation.

GM

I’m going on vacation for a few days, so I will be less active. The analysis remains the same. Alerts are set at key confirmation/invalidation points.

Have a great week!

GM

Strong demand being added here. Some alts have already retraced the entire dump.

Let's see if that was the local bottom.

SOL

Clean support as well.

Update here: https://x.com/CryptoCapo_/status/1799144868717142088

Just watching, without making any movement. Cold mind.

Remember, dips are for buying until proven otherwise.

Dips are for buying imo.

ZCX

Decent bounce so far. It has to reclaim $0.22

BTC

Up ✅
Down ✅
Now up again?

SOL

New ATH soon?

Comments are back from now on.

If you like the content shared, a good comment is always appreciated, as well as healthy discussion.

Focus should be on learning, improving, maintaining a positive vibe, and showing respect for all.

https://x.com/CryptoCapo_/status/1798730920742064393

ETH

New ATH soon?

DOT

https://x.com/CryptoCapo_/status/1797998038679474677

Quick Weekly Overview

Today, June 3:

-GME stock up 75%


Tuesday, June 4:

-Australia's first spot Bitcoin ETF with direct BTC holdings to go live on Tuesday



Wednesday, June 5:

-Blockchain Expo North America



Friday, June 7:

-Nonfarm Payrolls for May
-Unemployment Rate for May



Analysis

BTC has broken above the range high (69k), which is a good sign for bullish continuation.

This week we could see more development for the Ethereum ETF. The SEC's approval of the 19b-4 filings for a spot Ethereum ETF is a significant development. BlackRock and others have updated their S-1 filings, disclosing the fees, and indicating that the ETF could start trading by the end of June or maybe even before.

NVDA stock remains very strong, showing a clear bullish trend. This could affect the crypto AI sector in a good way, especially if BTC remains bullish.

GME stock just pumped 75% pre-market, now retracing a bit after the stock market has open. This could be good for the memecoins sector.

As mentioned in the previous update, if BTC stays above $60k (ideally above $65k), altcoins could still give very good returns. With memecoins leading, other interesting sectors should be: AI, RWA, Ehereum ecosystem, Solana ecosystem.

Keeping an eye on OTHERS, OTHERS.D, ETH/USD and SOL/USD.



Conclusion

No changes so far. This is a good scenario for a potential altcoin run.