TD Sequential Tool Flashes Buy Signals for Bitcoin and Altcoins, Signaling the Bloodbath May Be Nearing Its End

技术分析 (TA) 于 6 月 25 日凌晨进行，由加密专家 Ali Martinez 在 X 上发布，但显示大屠杀可能接近尾声。

Cryptomarkets have seen a downturn in June, with several major cryptocurrencies experiencing significant downtrends. Bitcoin (BTC) attracted attention in the last week of trading as it fell rapidly from its relatively stable levels around $66,000 to about $60,000. This occurred amid concerns that the German government or Mt. Gox might further drive down the price with their announced and anticipated actions. Solana (SOL), the token of one of the most active blockchains in the sector, also sparked rumors. Some claimed that a large case against the token will soon be revealed as it collapsed from around $180 to below $130. However, technical analysis (TA) conducted in the early hours of June 25 and posted on X by crypto expert Ali Martinez suggests that the slaughter may be nearing its end. In fact, TD Sequential, a well-respected TA tool, flashed buy signals for several cryptocurrencies, including Bitcoin, Solana, Cardano (ADA), and Shiba Inu (SHIB). This particular tool analyzes an asset’s past performance to determine whether a reversal is imminent and to identify when such a reversal might occur. While SHIB and ADA did not experience as steep a decline in the last 7 days of trading as Bitcoin and Solana, both cryptocurrencies are significantly down in the last 30 days. Shiba Inu fell 31% from $0.00002461 to its press time price of $0.00001714, while Cardano dropped 15.91% in the timeframe from $0.4603 to $0.3891. Moreover, the rally is already visible in the 24-hour charts for three out of the four cryptocurrencies–all except Bitcoin–and the altcoins have risen substantially over the course of the day’s trading. BTC, on the other hand, escaped a more drastic price collapse, at least for the time being, as it bounced up just as it was approaching $59,000. Despite this, the coin’s 24-hour chart is still decidedly red and, given that Bitcoin price today stands at $60,627, its expected rally is far from confirmed.

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