YTHUSDT Analysis – The Biggest Market Crash Yet!

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🌐 Overview of Bitcoin

Before we begin, let me remind you that we’ve moved the Bitcoin analysis section to a separate daily report at your request, so we can go into more detail about Bitcoin’s condition, price action, and dominance:

🌙 Last night, the crypto market witnessed a massive liquidation of nearly $19 billion, marking one of the biggest crashes in the history of digital assets.

📈 At this point, trading or buying in these zones isn’t logical it’s better to stay out of the market for a few days, watch the price action, and let volatility settle before making any moves.

🔥 Weekly Time Frame

After a 92% drop from its all-time high, PYTH is currently consolidating below the resistance level at $0.1851.
This area is crucial it’s acting as both a psychological and technical barrier where the next trend direction will be defined.

🟢 Spot & Long Entry Setup

⛏ If this weekly candle turns green and we see confirmation, that could become one of the best bullish triggers for accumulation.
However, the main confirmation will be the breakout above $0.1851, which would give us a solid long entry setup.

✍️ Personally, I’m planning to open a long futures position once $0.1851 breaks, and if we later break above $0.2532, I’ll use my futures profits to buy PYTH in spot and hold for a potential longer-term recovery.

📝 Final Thoughts

Stay calm, trade wisely, and let's capture the market's best opportunities!

This analysis reflects our opinions and is not financial advice.

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