TOTALES, TOTALE50, and TOTALE100 flash 4H long warnings. LINK, TAO, and ONDO sit at pullback zones as stablecoin dominance prints a fresh bullish signal.
BTC printed its second TBT bearish divergence. RSI broke local support and carved a lower local low. That is what MooninPapa flagged on X. The bulls still have a bounce window. But it is shrinking.
TOTALES, TOTALE50, and TOTALE100 are all showing 4H close long warnings right now, per MooninPapa’s latest analysis on X. The broader read, though, is far from clean. OTHERS.D ended its RSI overbought streak in the same session. Two signals pointing in opposite directions. The market has not made up its mind.
Stablecoin Dominance Just Printed Something Traders Should Not Ignore
Stablecoin dominance printed another TBT bullish divergence. Historically, that type of setup is bearish for crypto when it follows through. As MooninPapa noted on X, repeated fast line rejections can still hand the market short-term rallies. That distinction matters. Stablecoin dominance pressing toward its TBO fast line near 10.4% is the chart doing the most talking right now.
ETH wicked below the cloud. RSI dropped hard. A fast line bounce makes technical sense. MooninPapa remains bearish overall on ETH, with lower targets still in view. He said so directly on X. OBV has already reset, which at least opens the door for a short-term reaction.
TradFi is not offering relief. SPX and NDX are both still overbought. DXY confirmed a bullish divergence. PAXGBTC is hinting gold may start outperforming BTC. On the macro side, the picture leans cautious across the board.
LINK, TAO, and ONDO Sit at Levels That Could Decide the Next Move
SOL, HYPE, LINK, TAO, ONDO, JUP, BONK, and MON are all flagged by MooninPapa on X as having important pullback or reversal levels to watch. Not all of them are lining up the same way.
LINK and TAO have shown early bearish reversal signs in the current structure. MooninPapa’s watchlist on X puts TAO at a crossroads familiar to anyone who watched it drop from $350 to $250 after the Covenant AI controversy earlier this year. The zone it is trading near now has history.
ONDO, JUP, and BONK sit in similar positions. Dip zones, possible reversal setups. Whether buyers step in or sellers press is what this week is supposed to answer.
FF and INJ are the two names still showing strong bullish volume, per MooninPapa’s review on X. BCH, XMR, ZEC, SKY, MORPHO, VVV, AERO, and FARTCOIN also came up. Most flashing early bearish reversal signals. Not all.
Viewer Picks Reviewed, Stocks Still Overextended
HBAR, NEAR, MU, BE, CEG, Fujikura, and CSCO were all covered in viewer picks during MooninPapa’s latest X session. Several stock charts still look strong. Most, he noted, are increasingly overextended.
ALGO has a short setup in play. SIREN threw a warning. DASH is sitting in a dip zone that MooninPapa described as worth watching. PUMP saw its setup invalidated.
BTC’s next critical test is simple. A daily close inside the TBO cloud would confirm bearish consolidation, per MooninPapa on X. That is the line. Everything else is noise until that resolves.
Disclaimer: This article reflects technical analysis from the cited source. It is not financial or investment advice. Cryptocurrency markets carry significant risk.
