Zilla

Starting to think the market might be a lot closer to a bottom than people want to admit A few things catching my eye 👀 USDT Dominance Weekly chart running straight into a major supply zone around 7–7.8% A rejection here would be BIG. We want to see capital rotating out of stables and back into risk assets. This is exactly the sort of setup I’m watching TOTAL Market Cap Weekly structure is starting to look pretty interesting We’ve bounced off the lows and are consolidating around a major demand region. If this holds and we break through the $2.7–3T supply, things could get spicy very quickly BTC Currently hovering around $78K after a pretty brutal flush The daily CoinGlass data is worth watching: CVD has been absolutely hammered OI still sitting around 96K Funding remains positive at 0.0093 Price has stabilised after sweeping into the $76K region I want to see whether sellers are actually getting absorbed here or if we’ve got another leg down in us $74.9K is the level I’m keeping a close eye on. Hold that, reclaim $80–82K and things start looking very different The bigger picture: USDT dominance hitting supply TOTAL showing signs of a weekly bottom BTC taking a beating but attempting to stabilise Is the bottom confirmed? Not exactly But the pieces are starting to line up, and I don’t think it’s wise to get so caught up in the bearish narrative that you completely miss what could be setting up underneath Markets have a funny way of turning when absolutely nobody wants to believe it Stay sharp bros 👀