Very similar to January 2016You are looking at the Crypto Total Market Cap Excluding the Top 10 cryptocurrencies (OTHERS.D) on a weekly timeframe. This chart is often used as an "Altcoin Index" to gauge the strength of the broader cryptocurrency market beyond the major players like Bitcoin and Ethereum.
Here's my observation about being in a period similar to January 2016.
The technical analysis on this chart is built around a few key concepts:
1. Long-Term Ascending Channel: The dominant feature is a large parallel ascending channel that has contained the altcoin market cap's movements since 2015. The upper line has acted as a resistance level during bull market peaks, and the lower line has served as a major support level during bear market bottoms.
2. Historical Fractal (The "January 2016" Idea): My idea centers on a historical comparison, or a "fractal."
- The first white arrow points to a period in late 2016. At this time, the altcoin market cap found a bottom right on the support line of the ascending channel. This bottoming phase preceded the explosive 2017 bull run.
- The second white arrow points to a projected time in late 2025 / early 2026. The chart suggests that the market is currently in a similar bottoming pattern near the same long-term support line.
3. Falling Wedge: I've drawn a large falling wedge pattern starting from the peak in late 2021. This is typically a bullish reversal pattern, suggesting that the long downtrend could be nearing its end. The price is currently interacting with the apex of this wedge, a critical decision point.
4. Price Projection: The orange and blue bar patterns are copies of the price action that followed the 2016-2017 bottom. By pasting this fractal to the current time, the chart visualizes a potential future where history rhymes, leading to a massive new bull market for altcoins extending into 2027 until the end of the roaring 20s.
The Bullish Case (According to the Chart)
The argument presented by this analysis is clear:
• The altcoin market is at a historically strong support level (the bottom of the ~10-year channel).
• This is the same support level that kicked off the massive 2017 bull market.
• The market is consolidating within a falling wedge, which has a higher probability of breaking to the upside.
If this analysis holds true, the current period could be seen as a significant accumulation zone before the next major market expansion, much like the period around January 2016 was.
Important Considerations and Risks
While this is a compelling technical setup, it's crucial to maintain a balanced perspective. Here are some factors to consider:
• Past Performance is Not a Guarantee: This is the most important principle in financial markets. While historical patterns can provide valuable insight, they do not guarantee future results.
• Market Dynamics Have Changed: The cryptocurrency market of 2025 is fundamentally different from that of 2016.
• Maturity and Size: The market is significantly larger and includes substantial institutional investment, which can alter market behavior and volatility.
• Macroeconomic Factors: Global economic conditions, such as interest rates and inflation, now have a much stronger influence on the crypto market than they did in its earlier days.
• Regulatory Environment: Increased global regulatory scrutiny can introduce uncertainty and risks that were not present in the 2016-2017 cycle.
• Subjectivity of Technical Analysis: The trendlines and patterns are drawn based on an analyst's interpretation. Another analyst might draw them slightly differently, leading to a different conclusion.
Conclusion
The idea that "we're in January 2016 all over again" is a valid interpretation based on the technical patterns in this chart. The analysis points to the altcoin market being at a critical long-term support level, similar to the setup that preceded a major historical bull run.
This chart lays out a clear bullish roadmap. However, everyone should treat it as a potential scenario, not a certainty. I'll continue to monitor if the price respects these historical levels so that you guys are mindful of the broader market and macroeconomic factors that could influence the outcome.
Disclaimer: This analysis is for informational purposes only and is based on the technical analysis presented in the user-provided image. It should not be construed as financial advice. All investment decisions carry risk, and you should conduct your own research.
Harmonic Patterns
WTI US OIL US Oil (WTI Crude) Price Context
Price: WTI crude oil futures settled at approximately $68.66 per barrel close of friday.
Prices rebounded after a prior decline, supported by strong summer travel demand, high refinery utilization, and supply management efforts by major producers like Russia and Saudi Arabia.
Outlook: Despite near-term supply tightness, the International Energy Agency (IEA) and OPEC forecast a potential surplus later in 2025 and slower demand growth through 2026–2029, especially due to slower Chinese economic growth.
The DXY measures the USD strength against a basket of major currencies and often moves inversely to commodities priced in USD like oil.
When the DXY strengthens, oil prices can face downward pressure due to higher USD value making oil more expensive in other currencies.
Conversely, a weaker DXY tends to support higher oil prices.
Current Dynamics:
If geopolitical risks or supply constraints push oil prices up, the USD may weaken as markets price in inflationary pressures.
Conversely, if the USD strengthens due to safe-haven demand or monetary policy, oil prices may soften.
#usoil
MSTR MICROSTRATEGY As of July 11, 2025, MicroStrategy Incorporated (MSTR) is trading at approximately $434.58 per share on the NASDAQ, showing a strong daily gain of about 3.04% (+$12.84). The stock has experienced significant growth recently, with a 3-month return of around 45% and a 1-year return exceeding 220%.
Key Highlights about MicroStrategy (MSTR):
Industry: Software - Application
Market Cap: Approximately $118.8 billion
Shares Outstanding: About 273 million
Trading Range (Year): Low near $102.40 and high around $543.00
Volume: Active trading with daily volumes around 18 million shares
CEO: Phong Q. Le
Headquarters: Tysons Corner, Virginia, USA
Business: MicroStrategy provides enterprise analytics software and services, including a platform for data visualization, reporting, and analytics. It serves a broad range of industries including finance, retail, technology, and healthcare.
Recent Price Trend
The stock has steadily appreciated from about $255 in February 2025 to over $430 in July 2025.
Recent trading range for July 11 was between $423.70 and $438.70.
After-hours trading shows a slight dip to around $433.25.
Outlook
The next earnings announcement is scheduled for July 31, 2025.
Analysts forecast the stock price could range between $434.58 and $798.13 in 2025, reflecting optimism about the company’s growth prospects and market position.
MicroStrategy’s strong correlation with Bitcoin price movements (due to its large BTC holdings) often influences its stock volatility and performance.
In summary: MicroStrategy is a major player in enterprise analytics software with a highly volatile stock influenced by its Bitcoin exposure and market sentiment. Its stock price has surged strongly in 2025, reflecting both business fundamentals and crypto market dynamics.
GB10Y UK GOVERNMENT 10 YEAR BOND YIELD
The current Governor of the Bank of England is Andrew Bailey.
Appointment: Andrew Bailey has served as Governor since March 16, 2020, and his term runs until March 15, 2028.
Role: As Governor, he chairs the Monetary Policy Committee, Financial Policy Committee, and Prudential Regulation Committee.
Background: Prior to his appointment as Governor, Bailey was Chief Executive Officer of the Financial Conduct Authority (FCA) and has held several senior roles within the Bank of England, including Deputy Governor for Prudential Regulation.
Recent Activity: He remains active in shaping UK monetary policy and financial stability, and was recently nominated as the next Chair of the Financial Stability Board, beginning July 2025.
Andrew Bailey continues to lead the Bank of England through significant economic and financial developments.
Upcoming UK Economic Reports (July 13–17, 2025)
Below is a schedule of major UK economic releases and events for the coming week, with local times (BST):
Date Time (BST) Event
July 13, Sun 06:00 AM Core Inflation Rate MoM
July 13, Sun 06:00 AM Retail Price Index MoM
July 13, Sun 06:00 AM Retail Price Index YoY
July 14, Mon 12:00 PM NIESR Monthly GDP Tracker
July 14, Mon 11:01 PM BRC Retail Sales Monitor YoY
July 15, Tue 09:00 AM Treasury Stock 2032 Auction
July 15, Tue 08:00 PM BoE Governor Andrew Bailey Speech
July 16, Wed 06:00 AM Inflation Rate YoY
July 16, Wed 06:00 AM Core Inflation Rate YoY
July 16, Wed 06:00 AM Inflation Rate MoM
July 16, Wed 06:00 AM Core Inflation Rate MoM
July 16, Wed 06:00 AM Retail Price Index MoM
July 16, Wed 06:00 AM Retail Price Index YoY
July 16, Wed 09:00 AM Treasury Gilt 2034 Auction
July 17, Thu 06:00 AM Unemployment Rate
July 17, Thu 06:00 AM Average Earnings incl. Bonus (3Mo/Yr)
July 17, Thu 06:00 AM Employment Change
July 17, Thu 06:00 AM Average Earnings excl. Bonus (3Mo/Yr)
July 17, Thu 06:00 AM HMRC Payrolls Change
July 17, Thu 06:00 AM Claimant Count Change
July 17, Thu 09:00 AM Treasury Gilt 2030 Auction
Note: All times are in British Summer Time (BST). These events are subject to change based on official updates.
Key releases include inflation data, labor market statistics, retail sales, and several government bond auctions. The Bank of England Governor's speech is also a major event for markets with price volatility .
the UK 10-year gilt yield (UK10Y) is approximately 4.63%, having edged up 0.03 percentage points from the previous session. Over the past month, it has risen about 0.15 points and is 0.52 points higher than a year ago, reflecting persistent inflation concerns and expectations about Bank of England (BoE) monetary policy.
Correlation Between UK10Y, UK10, and GBP Strength
UK10Y Yield and GBP:
The 10-year gilt yield is a key indicator of UK long-term borrowing costs and investor sentiment. Higher yields typically attract foreign capital seeking better returns, which tends to strengthen the British pound (GBP). Conversely, expectations of BoE rate cuts or economic weakness can pressure yields lower and weaken GBP.
Recent Dynamics:
Despite inflation remaining above 3%, the UK economy has shown signs of contraction (GDP shrinking 0.1% in May), prompting markets to price in an 80% chance of a BoE rate cut in August. This has led to some volatility in yields and GBP strength.
The BoE’s policy rate has already been reduced from 5.25% to 4.25% over the past year, and further easing is anticipated, which can weigh on the GBP.
UK10 (Shorter-Term Yields) vs. UK10Y:
Shorter-term gilt yields (e.g., 2-year or 5-year) tend to be more sensitive to immediate BoE policy moves, while the 10-year yield reflects longer-term inflation and growth expectations. A steepening yield curve (rising long-term yields relative to short-term) can indicate confidence in economic recovery and support GBP. A flattening or inverted curve may signal caution and pressure GBP.
GBP Strength Mixed; supported by higher yields but pressured by economic slowdown and easing expectations
Yield Curve Moderately steep, reflecting growth/inflation expectations
In essence: The UK 10-year gilt yield at 4.63% supports GBP strength by attracting yield-seeking capital, but the expected BoE rate cut and economic weakness introduce downside risks. The interplay between short- and long-term yields and BoE policy guidance will continue to influence GBP’s trade directional bias .
UK GOVERNMENT 10 YEAR BOND PRICE GB10Relationship Between GB10 Price and GBP Strength
Inverse Relationship:
Bond prices and yields move inversely. When gilt yields rise (due to inflation concerns or expectations of tighter monetary policy), gilt prices fall. Conversely, if yields fall, prices rise.
Impact on GBP:
Higher UK gilt yields, reflecting higher interest rates or inflation expectations, tend to attract foreign capital seeking better returns. This supports demand for the British pound (GBP), strengthening the currency.
However, if yields rise due to inflation fears without confidence in economic growth, or if rate cuts are expected, GBP strength may be limited.
Current Market Context:
The UK economy has shown signs of contraction, and markets are pricing in an 80% chance of a Bank of England rate cut in August 2025. This dynamic creates some volatility:
Yields remain elevated (4.63%), supporting GBP.
Expectations of easing may cap GBP gains and pressure gilt prices higher (yields lower).
GBP Strength Supported by higher yields but tempered by expected BoE easing
Market Drivers Inflation, economic contraction, BoE rate expectations
Conclusion
The current UK 10-year gilt price near 99.0 and yield around 4.63% reflect a market balancing inflation risks and economic slowdown. Elevated yields help support GBP strength by attracting yield-seeking investors, but the prospect of Bank of England rate cuts and economic weakness limit upside for the pound.
#GBP #GB10 #GB10Y
ETHEREUM ETHEREUM DAILY CONFIRMATION FOR LONG IS NOT APPROVED YET.BE PATIENT
Ethereum Approximately $2,930.55-2,925$ per ETH, watch for 30754 ascending trendline breakout or pull back into 2680 zone ,if we keep buying then 4100 zone will be on the look out as immediate supply roof break and close will expose 4900.my goal in this context is to see ETHUDT buy into my purple supply roof,it will happen .
Market Capitalization: Around $358 billion, making Ethereum the second-largest cryptocurrency by market cap.
Circulating Supply: About 120.7 million ETH.
Recent Performance: Ethereum has gained roughly 17.3% over the past week and about 7% over the last month, though it is down about 4% compared to one year ago.
Market and Technical Overview
Ethereum remains a key player in the blockchain ecosystem, supporting decentralized finance (DeFi), NFTs, and smart contract applications.
The price is consolidating near the $3,000 level, with technical indicators suggesting moderate bullish momentum but some short-term volatility.
Trading volume in the last 24 hours is around $29 billion, indicating strong liquidity and active market participation.
Ethereum continues to be a foundational blockchain platform with strong institutional interest and ongoing development, maintaining its position as a major digital asset in 2025.
#ethusdt #btc #bitcoin
Total2 Market Cap breakout above a descending
### 🇺🇸 **Technical Analysis (Crypto Total2 Market Cap – Excluding Bitcoin):**
✍️ By **@rooz999**
This chart illustrates a significant breakout in the altcoin market (Total2):
* A breakout above a descending channel.
* Key resistance levels at:
🔸 **1.66T**
🔸 **1.83T**
🔸 **2.32T**
💡 The major bullish momentum began in early August, followed by a clear consolidation zone.
📆 Watch price action closely toward late August, as we may see either a breakout continuation or a pullback to the 1.66T zone.
📌 This is a personal analysis and not financial advice.
\#Altcoins #Crypto #Total2 #ETH #SOL #XRP #ADA #MATIC #TechnicalAnalysis #CryptoTrading
🔁 **@rooz999**
### 🇸🇦 **التحليل الفني (الإجمالي السوقي للعملات الرقمية Total2 – بدون بيتكوين):**
✍️ بواسطة **@rooz999**
رؤية فنية لحركة إجمالي السوق البديل (Altcoins) تُظهر:
* صعودًا قويًا اخترق قناة هابطة سابقة.
* مقاومات مهمة عند:
🔸 **1.66T**
🔸 **1.83T**
🔸 **2.32T**
💡 **نقطة التحول** كانت مع بداية أغسطس، حيث تسارعت وتيرة الارتفاع ثم ظهرت منطقة تذبذب واضح.
📆 من المهم مراقبة حركة السعر حتى نهاية أغسطس، حيث قد تتشكل قمم جديدة أو يعاد اختبار دعم 1.66T.
📌 هذا التحليل مجرد رأي شخصي وليس توصية استثمارية.
\#Altcoins #CryptoMarket #Total2 #تحليل\_فني #عملات\_رقمية #Ethereum #SOL #XRP #ADA #MATIC #تحليل\_سوقي
🔁 **@rooz999**
doge buy midterm"🌟 Welcome to Golden Candle! 🌟
We're a team of 📈 passionate traders 📉 who love sharing our 🔍 technical analysis insights 🔎 with the TradingView community. 🌎
Our goal is to provide 💡 valuable perspectives 💡 on market trends and patterns, but 🚫 please note that our analyses are not intended as buy or sell recommendations. 🚫
Instead, they reflect our own 💭 personal attitudes and thoughts. 💭
Follow along and 📚 learn 📚 from our analyses! 📊💡"
TSTUSDT Forming Falling WedgeTSTUSDT is looking increasingly attractive for traders who specialize in breakout patterns, as the pair is currently trading within a classic falling wedge pattern. This bullish reversal setup often signals the end of a downtrend and the start of a strong upward move when confirmed by a breakout above the wedge’s resistance line. The current volume is supportive, showing that buyers are gradually stepping in to accumulate positions, which aligns with the growing interest investors are showing in this project.
From a technical perspective, the falling wedge pattern is one of the most reliable bullish chart patterns in crypto trading. It suggests that downward momentum is weakening and that an explosive move to the upside could be on the horizon. TSTUSDT traders should monitor this pair closely for a decisive breakout candle on higher-than-average volume, as that could be the catalyst for the expected 90% to 100%+ gain. This type of setup can be ideal for both swing traders and position traders looking for a high-probability opportunity.
In addition to the pattern itself, TST’s project fundamentals are attracting positive sentiment in the broader crypto community. With an active development team and a roadmap that continues to deliver updates, confidence in TST’s long-term growth is increasing. As investor interest continues to build, this could provide the momentum needed to sustain the breakout and reach the projected targets.
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SCRUSDT Forming Descending TriangleSCRUSDT is catching the attention of smart traders as it shows signs of a strong bullish setup supported by increasing trading volume. This pair has recently seen consistent accumulation phases, which often precede significant price moves. With expectations for a potential 90% to 100%+ gain, SCRUSDT could deliver impressive returns for investors who position themselves early. Traders who are tracking fresh breakout opportunities should keep this crypto on their watchlist as buying interest grows across key support levels.
The underlying fundamentals of the SCR project are also becoming more appealing, helping fuel this recent investor interest. As the team behind SCR continues to develop its ecosystem, more market participants are gaining confidence in its long-term growth potential. The robust on-chain activity and positive community sentiment further add to the bullish outlook. It’s encouraging to see that the volume profile supports the price action, indicating that this isn’t just a speculative pump but rather a move backed by solid participation.
Technically, SCRUSDT is forming a reliable base that could launch the next leg up once a breakout above the recent resistance levels is confirmed. Traders should watch for strong bullish candles and increasing volume near breakout points to validate the move. Risk management remains key—placing stop-losses under nearby swing lows can help manage downside risk while targeting the anticipated upside potential.
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SAGAUSDT Forming Falling WedgeSAGAUSDT is showing promising signs of a trend reversal as it completes a falling wedge pattern, which is a widely respected bullish continuation signal in crypto trading. This chart structure suggests that the recent downtrend could be coming to an end, with the price poised for a strong upward breakout. The current market volume looks healthy, adding weight to the possibility of this setup playing out successfully. With an expected gain of 90% to 100%+, this pair could attract significant attention from swing traders and position traders looking to capitalize on the next big move.
This crypto pair has been drawing increasing interest from investors due to the innovative vision behind the Saga ecosystem and its growing presence in the decentralized applications space. Community sentiment has turned optimistic as fresh liquidity appears to be entering the market, a critical factor for sustainable bullish momentum. As more buyers step in to accumulate around the wedge support, the likelihood of a confirmed breakout strengthens.
Traders should keep a close watch on key breakout levels and look for strong bullish candles closing above the wedge resistance line. An ideal scenario would include a volume spike accompanying the breakout, as this often validates the breakout strength and confirms that new buyers are stepping in aggressively. Proper risk management remains crucial—placing stop-losses below recent swing lows can protect capital while riding this high-probability setup.
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I see that you are in profit, but your voice is not heard.Hello friends...
I see that you are in profit, but you are not making any sound.
As we mentioned in previous analyses, the upward trend has started, now the scenario ahead must be considered.
Like previous analyses, I still consider the area of $134,000 to $137,000 to save profit in this upward trend.
After the price of Bitcoin reaches the said area, you can save profit or think about selling Bitcoin.
But Bitcoin targets are higher than this desired number, but for some reasons (such as US tariffs and war), we cannot give high targets. In future analyses, I will say what our team thinks is the ceiling of this Bitcoin upward cycle.
So follow the page so that you don't miss the analyses.
ICXUSDT (Bullish Divergence) - longhi traders
I'm very bullish on ICXUSDT.
The chart displays a bullish divergence between the price and the MACD indicator. The price (top panel) has made lower lows (yellow downward arrow), while the MACD (bottom panel) has made higher lows (yellow upward arrow), indicating weakening bearish momentum and potential for a reversal.
Entry: Current price around $0.1358. Consider entering long at current levels or on a confirmed breakout from consolidation.
Target: The blue box indicates a target zone around $0.28-$0.30, which represents a potential 114.31% increase and aligns with previous resistance.
Rationale: The bullish divergence suggests that the selling pressure is waning, and a move higher is probable, aiming for the key resistance level.
$SUI/USDT Breakout Analysis 1D Chart: SUI has broken out$SUI/USDT Breakout Analysis 1D Chart:
SUI has broken out of a clear falling wedge pattern on the daily timeframe — a bullish reversal structure. This breakout is significant, especially with strong volume confirmation and price now trading above both the wedge and the 50 EMA.
🔸 Support $3.05:
The 50 EMA aligns closely with the $3.05 level, now acting as a solid support. Retesting this area successfully would validate the breakout further.
🔸 Upside Target: $5.5
The projected move based on the wedge's height suggests a run toward the $5.0–$5.5 zone, especially if bulls maintain control.
🔸 Risk Level at $2.80:
A daily close back below the wedge and 50 EMA would invalidate the bullish breakout and suggest caution
🔸 Watch for a potential retest of $3.05–$3.20. If this zone holds, it could be a strong entry area with upside potential toward $4.0, $4.7, and $5.5 in the coming weeks.
ETHEREUM DAILYETHEREUM DAILY CONFIRMATION FOR LONG IS NOT APPROVED YET.BE PATIENT
Ethereum Approximately $2,930.55 per ETH, watch for 30754 ascending trendline breakout or pull back into 2680 zone ,if we keep buying then 4100 zone will be on the look out as immediate supply roof break and close will expose 4900.my goal in this context is to see ETHUDT buy into my purple supply roof,it will happen .
Market Capitalization: Around $358 billion, making Ethereum the second-largest cryptocurrency by market cap.
Circulating Supply: About 120.7 million ETH.
Recent Performance: Ethereum has gained roughly 17.3% over the past week and about 7% over the last month, though it is down about 4% compared to one year ago.
Market and Technical Overview
Ethereum remains a key player in the blockchain ecosystem, supporting decentralized finance (DeFi), NFTs, and smart contract applications.
The price is consolidating near the $3,000 level, with technical indicators suggesting moderate bullish momentum but some short-term volatility.
Trading volume in the last 24 hours is around $29 billion, indicating strong liquidity and active market participation.
Ethereum continues to be a foundational blockchain platform with strong institutional interest and ongoing development, maintaining its position as a major digital asset in 2025.
#ethusdt #btc #bitcoin
MRK Buying Opportunity!MRK is currently undervalued. The stock price dropped approximately 45% from June 25th of last year to May 15th of this year. At present, the price has bounced off a long-term weekly trendline that has been respected since 2009, indicating a strong rejection zone.
Additionally, on the daily timeframe, the long-standing bearish channel was broken on July 8th. This breakout suggests a likely continuation to the upside. A conservative and highly probable price gain of around 30% is expected from here.