J.J. Edwards’ Expert Market Analysis at FenzoFx

[FxNews]

Bitcoin Rebounds Above $105K After Liquidity Sweep​

FenzoFx—Bitcoin swept liquidity below $100,703.0 and rebounded to around $105,400.0, just above the volume profile point of interest.

Immediate resistance lies at $106,135.0. A break above this level could lead to a retest of $107,702.0. However, if resistance holds, BTC may consolidate toward $102,662.0, supported by Stochastic overbought signals.

 

[FxNews]

Bitcoin Cash Faces Pressure Below Key Resistance Zone​

FenzoFx—Bitcoin Cash rose from $437.0 support, now trading near $461.3 and testing resistance backed by volume profile and the 50-period SMA.

If BCH stays below $470.8, bearish momentum may resume, targeting $437.0 and potentially $421.2. A bullish breakout could follow a close above $470.8, aiming for $478.0.

 

[FxNews]

Bearish Wave Builds Below Key ETH Supply Zone​

FenzoFx—Ethereum failed to break above $2,813.0 and is now trading around $2,430 after trimming nearly 5.0% of recent losses.

The $2,687.0 area, backed by the 50-period SMA, acts as a premium supply zone. A bearish wave could follow, targeting $1,779.0, supported by prior monthly lows and RSI divergence.