Bitcoin / TetherUS

Bitcoin and altcoin overview(August 27-28)

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Yesterday for Bitcoin, as expected, we transitioned to a local correction from the global sell zone.
At the moment, we have reached the first resistance zone - prices around $63,000. Sales are quite weak, but we don't see any signs of protection for this zone, except for a small decorrelation in cumulative delta.

The main expectations are for the downward movement to continue to the next buyer's zone.
Globally, we expect a resumption of the upward movement, either after breaking through the downward trendline within which we are declining, or after a volumetric reaction from the buyer in the marked zones.

Buy zones: $61,500-$60,600 (accumulated volumes), $59,550-$59,000 (accumulated volumes), level $56,100, $52,000-$50,000 (volume anomalies), level $48,000.

Sell zones and near-term targets: $67,000-$68,300 (mirror volume zone), $70,000 (round number, market seller aggression).

Interesting altcoins

For the NULS coin, during the rise, a zone with volume anomalies formed at $0.52-$0.55, from which a reaction to sell should be expected.
snapshot

The situation is similar for the JUP coin. We received positioning from the $0.88-$0.90 zone for selling. We consider a short position upon retesting this zone.
snapshot

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