Welcome to the 21st issue of Market Update.
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Today, I am going to keep the commentary brief but cover a fair number of charts.
After providing an update on short-term BTC as per tradition, I will then update on the important global liquidity-signaling CN10Y/DXY ratio. I will then cover several charts on macro market structure.
Alt Targets
Today marks the final round of revisions for previous alt targets, focusing on market-cap based adjustments for all past projects that have encountered 20% or more inflation since their last peak.
This week I will be revising: MATIC, LINK, ENJ.
Following these revisions, I will initiate a new poll to determine the alt targets for next week. Previously, handling four targets each week proved challenging, so I have decided to scale it back to three per week to ensure that I can devote adequate attention to each chart.
Today’s topics:
Short-Term BTC Update
CN10/DXY Update
TOTAL2/BTC Structure
BTC Structure
Analog to Another Expanded Flat
Revised Targets: MATIC, LINK, ENJ
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