Right now, $BTC, $ETH, and nearly every major altcoin are backtesting their lost high-timeframe support ranges.

I think the best approach is to stay somewhat cautious on the low-timeframes and be prepared for a potential rejection.

I’d rather miss out on a few percentage points to stay extra safe until this becomes a confirmed breakout, instead of flipping overly bullish without clean confirmations.

That said, most of the confluences I’m tracking, including on-chain metrics, Velo Data, the Liquidation Heatmap, and Funding Rates, are all pointing toward a breakout here.

But as always, waiting for clear confirmations before taking a more decisive stance on the low-timeframes has consistently been the best approach.