The altcoin market cap, $TOTAL3, is at a super oversold level.
The last time RSI was this low, it marked major bottoms back in August 2024 and earlier this year.
It's not a signal we see often, so make use of this info while you can 👀

$BTC seems to be playing out the same breakdown pattern that we saw in $NVDA
A breakdown from the 50-day MA, making everyone panic, only to bounce and head on higher from the 100-day MA.
If NVDA did it, what makes you think Bitcoin cant?

$BTC – FOMC Danger
The next few days have a high likelihood of Bitcoin dumping and heading lower from here.
Why? Because over the past 6 months, every FOMC has led to a dump 5–8 days after the announcement before a proper reversal kicks in.
So, be patient for now.

$ETH is forming a massive inverse head and shoulders on the weekly chart.
The recent pump basically confirms the right shoulder.
All that's left now is the breakout, and with a big pattern like this, I'm sure the breakout will be just as big.

On the 12H timeframe, $BTC is forming an ascending triangle and compressing tighter by the hour.
The bullish trigger will be the FOMC later today, with an 87% chance of a rate cut.
It's only a matter of time now!

I know, FOMC is supposed to be bullish for risky assets, but always trust the chart.
Take $ETH, it's facing a major resistance, a confluence of its bearish trendline and previous support level.
Personally, I wouldn't risk opening a position here, even with a rate cut coming.

$HYPE is forming a massive falling wedge pattern.
Right now, it's sitting at a very low risk buying area, the lower trendline of this pattern.
This actually looks good for me, as the FOMC might end up being the bullish trigger, not the sell-the-news event.

$DOGE is showing a double bullish confluence.
Not only is it at a strong support level, the 200-day MA on the weekly timeframe, but the Stochastic is back at an extreme oversold level last seen almost half a year ago.
Looks like a solid mid-term hold here.