NEW: Long-term Bitcoin holders spending at a loss has decreased from a peak of 5,500 BTC in early February to 3,800 BTC.

BITCOIN RETAIL INTEREST IS RETURNING.
We all know what this means...

#S&P 500 ANALYSIS
The S&P 500 is currently trading within an ascending triangle pattern, attempting to break above a key horizontal supply zone. The Ichimoku Cloud is providing strong support, indicating bullish momentum.
A decisive breakout above resistance could signal further upside, while a rejection may lead to a pullback. Waiting for confirmation of either a breakout or breakdown is crucial for determining the next directional move.
Notably, the S&P 500's price action often correlates with cryptocurrency market trends, making its movements a key indicator of broader market sentiment.

#US DOLLAR ANALYSIS
The US dollar has broken down from the rising wedge pattern with significant volume and has successfully retested the breakdown. It is currently trading above the Ichimoku Cloud, which is acting as a support level.
A rebound from this level could trigger a recovery, whereas a breakdown below the cloud would indicate further downside potential for the US dollar.
Given the dollar's inverse correlation with the cryptocurrency market, a decisive move in its price could significantly influence broader market trends.