Bitcoin’s surprise pump meets lost support as mixed markets demand precision

The Better Traders read for August 18 separates current states from future triggers. Bitcoin’s pump did not reclaim lost support even though its Cloud close shifted the chart into bullish consolidation. Ethereum underperformed and remains bearish, dominance favors Bitcoin without becoming a spot-price claim, S&P Futures is strong bullish with a retrace setup, and ALT signals range from conditional pauses to active or still-forming bearish setups.

Bitcoin’s pump failed to reclaim support despite a bullish-consolidation Cloud close

BTC surprised with a Monday pump of more than 2.50%, but it did not close above newly lost support. Aaron’s current conclusion is that support is now resistance. At the same time, BTC did close inside the TBO Cloud, marking a shift to bullish consolidation; that current Cloud state does not erase the failed support reclaim, and Aaron warns that a 2.50% pop out of nowhere usually does not last. Daily RSI made a slightly higher local high, but he is still waiting for RSI below 25 to reset again. OBV remains technically bearish below its white moving-average line, Monday’s volume stayed below June volume, 4h RSI went overbought, and the TBT Stop Loss Hunting Alert remains on.