
                                    <div>
                                      <h3>Market View</h3>
                                      <p>Neutral on BTC, waiting for a breakout</p>
                                      <h3>Trading Strategy</h3>
                                      <p>Wait for a confirmed breakout above the $108K-$110K region before entering; no action without the breakout</p>
                                      <h3>Core Logic</h3>
                                      <p><ol>
    <li>
BTC is consolidating below strong resistance
    </li>
    <li>
only a breakout from the wedge and above $108K-$110K signals further upside, otherwise it remains capped within a large range
    </li>
</ol></p>
                                    </div>
                                    

$BTC Consolidation beneath resistance. A breakout from this wedge should give it the push that it needs to break above that ~$108K resistance.
But even this small consolidation can still easily take days and it has been pretty choppy.
Overall I'd recommend to zoom out and really wait for that proper break above the $108K-$110K region which should also increase risk appetite towards alts.
Without that breakout, it's still a massive resistance in a larger range.

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