ZCash was inching its way toward $400. The cluster of short liquidations overhead could help drag prices higher.

The rejection from the $4.7 highs and subsequent losses meant bullish conviction has been somewhat quelled in the short-term.

A foreign statesman tweeting trading advice to handle Trump's announcements was not on anybody's watchlist.

The supply retest by the Realized Cap Impulse indicator was a warning sign to BTC bulls.

What happened after the second retest of $40 within a week?

High speculative interest could introduce increased volatility and liquidity hunts in the short-term.

The current PI rally measured over 6% in the past 24 hours and can extend another 3.5% to 8.5% higher.

Abundant Bitcoin capital highlights weak conviction despite strong market liquidity.

As things stand, the higher and lower timeframes agree on a bearish PUMP price trend.

Should you be betting on a decisive long-term trend shift?