Cryptos

BTCUSD Key Resistance Zone

Visual Data:

¤ Clear resistance zone between $77,400 and $78,000 USD.

¤ Fibonacci 65% at $77,411 USD, 61.8% at $77,196 USD.

¤ Current price below resistance.

Correlation with the April 27th Study: The April 27th study identified the selling wall at $79,000–$80,000 USD. The attached chart shows that effective resistance starts lower, at $77,400 USD (grey “Key Resistance” zone). This corresponds to the level where the Hyperliquid whale opened their $30M USD short at $77,500 USD (April 30th study).

Quantitative Implication: The distance between the current price ($76,971 USD) and the immediate resistance ($77,400 USD) is only ~$430 USD (0.56%). This makes 78K–80K calls almost worthless (high theta decay) and strengthens the advantage of tactical shorts with stops above $78,200 USD.

Oleg Turceac

Recent Posts

BTC, Liquidity Pools, Institutional Flows, and Sharpe Ratios

1. Liquidity Pools include: Binance spot ($5-10B daily), Coinbase spot ($1-3B), perpetuals from Binance, Bybit,…

1 hour ago

Real Yields on US Treasuries Collapse Below 1.2 %

Since the end of 2021, the 10-year yield has risen from ~1.5% to a peak…

3 hours ago

Revaluation of official US gold, balance sheet monetization, and quantifiable implications

The US official gold reserves stand at 261,498,926 troy ounces (8,133.5 metric tons), valued at…

4 hours ago

Decline of Sovereign Bonds as a Safe-Haven Asset and Rotation Toward Gold

Summary: Since 2021, the US bond market has experienced upward pressure on yields, with the…

5 hours ago

Gold Projected to Reach $5,000

https://www.steelldy-indices.com Aakash Doshi (State Street) predicts that gold's next $1,000 move will be upward, with…

1 day ago

War, Hidden Inflation, and the Role of Gold and Silver as Monetary Anchors

https://www.steelldy-indices.com/https://www.steelldy-indices.com The persistence of armed conflicts (Ukraine, Iran, tensions in Asia) and disruptions in energy…

3 days ago