$WBTC hasn't given sellers much room after this massive 4H run.
Price expanded from around $64K to nearly $79K, and instead of immediately retracing, it's now holding close to $77.8K beneath the recent highs.
The key battle is $79K.
If buyers secure a clean 4H close above $79K and hold it, the current consolidation could become a continuation base with $80K as the next psychological test.
But $76.5K–$77K needs to survive.
Lose that zone and the tight high-level consolidation starts looking less convincing, opening room for a deeper pullback.
Right now, I'm watching whether $WBTC breaks the high—or finally gives sellers a real retracement.
Price expanded from around $64K to nearly $79K, and instead of immediately retracing, it's now holding close to $77.8K beneath the recent highs.
The key battle is $79K.
If buyers secure a clean 4H close above $79K and hold it, the current consolidation could become a continuation base with $80K as the next psychological test.
But $76.5K–$77K needs to survive.
Lose that zone and the tight high-level consolidation starts looking less convincing, opening room for a deeper pullback.
Right now, I'm watching whether $WBTC breaks the high—or finally gives sellers a real retracement.