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Altcoin Overview

On May 8, altcoins were monitored as they approached a support area, experiencing a strong recovery but hitting resistance. The fluctuation range is set between 1.05T - 1.06T (resistance) and 940B - 960B (support), with notable altcoins including $WLD, $TON, $AR, and $ENA. BTC dominance (BTC.D) remains influential, causing altcoins to move sideways with BTC.

By May 10, altcoins continued to follow the same trend, moving with BTC and mostly sideways. However, $TON showed significant growth, rising 20% in two days from $5.7 to $6.9.

By May 13, altcoins were still within the 960B to 1.06T range, with $TON remaining strong and reaching its ATH. Additionally, $PEPE and other meme coins listed on Binance were highlighted as good choices, with $NOT set to list on Binance, OKX, and Bybit on May 16 and participate in Binance Launchpool and OKX Jumpstart.

Bitcoin Volatile Movement

From May 8 to May 13, BTC has been following the predicted trend of downward correction before preparing for the next movement. Key observation points are $61,500 - $62,000 and $64,600 - $65,500, with potential lower testing at $59,500 - $60,000 if the lower zone breaks, and higher testing at $67,000 - $68,000 if the upper zone breaks.

On May 9, BTC was rejected at $65,500 and moved towards $58,500-60,000. By May 10, BTC fluctuated between $60,500 and $65,500, indicating a Wyckoff price rejection pattern with a potential bottom at $56,000 if it moves up to $68,000. On May 11, short-term signals were unclear, but in the long-term, BTC remained in the $59,500 - $65,500 range.

By May 13, BTC was retesting $63,000 - $63,500, with a trading range of $58,500 - $65,000. The Daily frame showed downward pressure, but Wyckoff's rejection at $56,000 and subsequent retest at $60,000 were positive signals, suggesting close observation of the 30-minute frame for short-term trends.

Signal Call

Below are some results of our future signals in our private trading group:

You can also try to catch spot signals as well:

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