The silence before the storm always feels different.
For a while the market can look tired, volume can disappear and traders can lose interest. Then suddenly the tape starts moving again. GRT is showing exactly the kind of activity that gets attention when the market begins rotating back into higher beta altcoins.
GRT is shown around 0.03122 with a 24 hour gain of 10.83 percent. More importantly, recent market data shows a major expansion in trading activity. GRT volume recently jumped from roughly 12 million dollars on September 26 to more than 67 million dollars the following day. That is the kind of volume expansion that can turn a quiet chart into an active one.
The broader market is also showing signs of rotation. Bitcoin dominance has recently been around 58.5 percent, down about 0.65 percentage points over seven days, while other market sectors are receiving more attention. That does not automatically mean an altseason, but it is an important condition to watch.
Whale activity is also elevated across the crypto market, with roughly 691 million dollars of tracked whale volume recorded on September 27. Large transfers do not tell us whether whales are buying or selling, so confirmation from price and volume remains essential.
For GRT, I am watching the 0.0295 to 0.0305 area as an important short term support zone. Holding that region would keep the current momentum structure interesting. A clean move through 0.0338 could open the door toward the next resistance areas.
EP: 0.0305 to 0.0315
TP1: 0.0338
TP2: 0.0365
TP3: 0.0400
SL: 0.0287
The key is not chasing a green candle. The real signal would be whether GRT can hold its breakout area after the first wave of profit taking.
I am ready for the move, but I am watching confirmation before taking risk.
#US yield curve near inversion
#XRP price cup-and-handle setup
