Bitcoin and altcoin overview (January 10-11)
2025-01-10
Category: None

Yesterday, Bitcoin began forming a local reversal, with each new update of local minimums being ineffective. The $91,500 level was eventually breached.

At the moment, we're seeing a weak wave of buying that's moving by inertia. Any defense from sellers could stop it, so another downward move is likely.
If there's a buyer reaction in the local zone of $92,700-$91,200, we'll consider opening a short-term long position until the next selling zone.
 
Buy zones:  $92,700-$91,200(local volume zone), $90,600-$86,300(accumulated volumes), ~$80,000(volume anomaly), $77,000-$74,000(large volume zone).

 Sell zones:  $97,000-$98,800(volume zone), $100,700-$102,200(mirror selling zone, market selling activity).

 Interesting altcoins. 

The  AI  coin we looked at yesterday didn't get a reaction from the first buyer zone of $0,695-$0,725, making it a mirror buyer zone. We're considering opening an intraday long position until the next selling zone of $0,79-$0,84 during a retest.
