🦉 Altcoin Season Roars to Life as Bitcoin Stalls Below $95K

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BTC USDT SPOT 4 HOUR 🔬

Crypto Market Update: Bitcoin at the Center of the Action!

The crypto space is buzzing with excitement, and the energy is palpable! While altcoins are making moves, let’s not forget who reigns supreme in crypto land—Bitcoin. Keeping a sharp eye on BTC is essential, as its movements set the stage for the entire market.

Current Price Action

Bitcoin’s short-term price action has been consolidating within a tight range. Last week, BTC dipped to $90K before climbing back, and dipped again yesterday to $93K. This sideways action? A golden opportunity for Altcoins to shine!

The Setup: Ascending Triangle

BTC has found solid diagonal support, forming an ascending triangle—a bullish pattern that’s poised for an upside breakout. 

Here’s what to watch:

- Key Support: Last week’s low at $90,800. As long as BTC holds above this level on a daily closing basis (wicks below are fine!), the bullish narrative remains intact.

- Resistance to Watch: The first hurdle is $97,500. A break above this level could pave the way for higher prices, targeting an ultimate breakout to $108K based on the triangle's structure on the 4-hour chart.

So far, Bitcoin is looking strong—but the next few days will be crucial. Stay tuned and buckle up; it’s shaping up to be an exciting ride!

https://www.tradingview.com/x/uGRfRnRo/

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WHAT IS ONDO? 💡

ONDO is a groundbreaking crypto project revolutionizing decentralized finance (DeFi) by providing structured financial products.

Designed to appeal to both conservative and yield-seeking investors, ONDO offers innovative solutions such as tokenized real-world assets and fixed-income instruments.

Its standout feature is the tranche-based system, which allows users to choose between stable, low-risk returns or higher-yield, higher-risk opportunities.

ONDO’s protocol bridges the gap between traditional finance and DeFi, making it accessible to institutional and retail investors alike.

By prioritizing transparency, security, and efficiency, ONDO empowers users with diversified, scalable investment options, setting a new standard in the crypto ecosystem for accessible financial innovation.

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