Bitcoin’s correlation with gold is essentially unstable, swinging between strong positive and negative relationships depending on the dominant macro narrative. Thirty-day rolling correlation data shows the BTC-Gold relationship fluctuating sharply over the past two years👀‍‍‍‍ #CryptoObservers

$BTC ‌ Bitcoin chart looking spicy, Buyers in control ?? Let’s analyze Bitcoin on the 1-hour timeframe. As we can see, the market was previously trading inside a clear bearish channel, forming continuous lower highs and lower lows, which confirmed strong selling pressure and overall seller dominance. Here, we notice a strong bearish channel breakout, which signals a potential shift in market structure. This breakout indicates that selling momentum is weakening and buyers are starting to gain control of the market. After the breakout, price formed a change of character (CHoCH), confirming the transition from a bearish structure to a potential bullish phase. Currently, price is moving toward a key demand zone where buyers are expected to step in. This demand zone around the $63K area represents strong support and a high-probability reaction level. If price holds this level, we could see bullish continuation toward higher resistance targets. Now, if price respects this support and shows strong buying momentum, we can expect a move toward the $65.6K resistance level, followed by a potential push toward the $67.5K zone. However, if the price breaks below the demand zone and loses support, the bullish setup becomes invalid and further downside could follow. So overall, the market structure is shifting bullish after the breakout, but confirmation depends on price holding above the key demand support. Here’s the game plan: The Long Trigger: If price holds the $63K demand zone and shows bullish reaction, I’m looking for a move toward $65.6K resistance. The Expansion Target: If momentum continues, the next upside target sits around $67.5K. The Invalidations: A strong breakdown below $62.8K support would invalidate the bullish setup and signal potential downside continuation.

【$SAHARA Signal】Short squeeze relay, 1H breakout retest confirmation $SAHARA The 1H timeframe experienced a brief pullback and found strong support around 0.029, then quickly increased volume to push above the EMA20, forming a classic "false breakdown, true breakout" pattern. The 4H timeframe has closed bullish for several consecutive periods, with the price reaching recent highs, indicating a clear upward trend. Although the 1-hour RSI shows overbought conditions, open interest remains stable and the funding rate is negative. Coupled with buy orders far exceeding sell orders, this suggests shorts are being squeezed, with clear main force support. The pullback is an opportunity. 🎯Direction: Long (Long) ⚡Entry/Order: 0.0282 - 0.0288 🛑Stop Loss: 0.0275 🚀Target 1: 0.0320 🚀Target 2: 0.0345 🛡️Trade Management: - Execution Strategy: After reaching Target 1, reduce position by 50% to lock in profits, and move the remaining stop loss to the entry price. If the price strongly breaks through 0.0320 and stabilizes, move the remaining stop loss to hold for greater gains. (Depth Logic: The current price has broken through the recent 4H consolidation upper boundary with strong momentum. Market depth shows a large accumulation of orders between 0.0309 and 0.0308, forming a solid support cushion. Meanwhile, the negative funding rate combined with rising prices is a typical short squeeze signal. Short covering will further push prices higher. The 1-hour EMA20 has turned upward, providing dynamic short-term support. ) View real-time market 👇 $SAHARA --- Follow me: Get more real-time analysis and insights on the crypto market! $BTC $ETH $SOL ‍#我在Gate广场过新年 #元宵赏月领红包