SafePal PriceSFP

Bitcoin Intra Week Update: Daily and 2D closed above the ATH. A clean SFP on these timeframes might be off the table, but take a look at the 2021 highs, we had multiple closes above ATH back then too, and still ended up in a bear market. Stay flexible and adaptable, or you’ll burn your fingers. A clean, full-body weekly close above the ATH could open the door to significantly higher targets. Until then, BTC remains right where it belongs. Only BTC is getting shilled nonstop lately. Global attention is in full force now with ATHs in place. Perfect time to set up the real trap. A ranging BTC would be best for our beloved alts.

bulls have 30 mins left to candle body close or else its another sfp

$SFP CMC AI Why is SFP’s price down? Thought for 4s TLDR SafePal (SFP) fell 2.02% in the past 24h due to weak technical momentum, low liquidity, and Bitcoin’s market dominance squeezing altcoin demand. Bearish technical signals: MACD histogram (-0.0044) and RSI-7 (46.31) suggest short-term selling pressure. Thin liquidity: 24h volume plunged 86.9%, amplifying price swings. Bitcoin dominance: BTC’s market share rose to 63.14%, diverting capital from alts like SFP. Deep Dive 1. Technical context SFP’s price ($0.55) sits below its 10-day SMA ($0.584), signaling bearish near-term momentum. The MACD line (0.0163) crossed below its signal line (0.0207) on May 19, a classic sell signal. The RSI-7 at 46.31 nears oversold territory but lacks a clear reversal pattern. Key Fibonacci retracement levels show resistance at $0.584 (38.2%) and $0.621 (50%), while the pivot point ($0.631) remains a critical upside barrier. With 24h turnover at just 3.39%, low liquidity exacerbates volatility. 2. Market dynamics Bitcoin’s dominance rose to 63.14% (up 0.3% in 24h), reflecting capital rotation into BTC amid a “Bitcoin Season” Altcoin Index reading of 24/100. The broader crypto market dipped 0.03%, but SFP underperformed due to its lower liquidity and weaker technical setup. The Fear & Greed Index cooled to 68 (from 71 yesterday), reducing speculative altcoin appetite. SFP’s 30-day rally (+15.67%) likely prompted profit-taking as traders shifted to safer large caps. Conclusion SFP’s dip reflects a combination of technical exhaustion, Bitcoin’s dominance surge, and profit-taking after recent gains. Watch the $0.584 SMA-10 level for a potential reversal signal. Could SFP’s high holder concentration (top 10 wallets control 81% of supply) amplify volatility if whales exit during Bitcoin-driven market shifts?

A daily sfp of last weeks monday low is a buy signal.

$SFP $SFP market 😞