Daily looks like a breakout, but the 4‑hour is already folding.
Here’s the hidden trap 👇
Price sits under the 4‑hour EMA7 and RSI is stuck in the low‑40s, a clear bearish sign. Funding is positive and the long/short ratio sits at 1.17, suggesting longs are paying to stay in – a sign the long side may be over‑leveraged.
If $BTC loses the ~77.8K area on a 4‑hour close, the bearish case collapses; staying under the ~79.7K ceiling keeps the down‑trend alive, with the next objective around the ~74.5K zone.
My read: the chart is primed for a slide toward the mid‑74K region, and the real risk is a hold above ~79.7K.
Follow me for the next update when $BTC either respects the ~79.7K ceiling or dives into the ~74.5K zone. What level are you watching on $BTC ? 👇
⚠️ Not financial advice. DYOR.
#BTC #Bitcoin #Crypto #BinanceSquare
Here’s the hidden trap 👇
Price sits under the 4‑hour EMA7 and RSI is stuck in the low‑40s, a clear bearish sign. Funding is positive and the long/short ratio sits at 1.17, suggesting longs are paying to stay in – a sign the long side may be over‑leveraged.
If $BTC loses the ~77.8K area on a 4‑hour close, the bearish case collapses; staying under the ~79.7K ceiling keeps the down‑trend alive, with the next objective around the ~74.5K zone.
My read: the chart is primed for a slide toward the mid‑74K region, and the real risk is a hold above ~79.7K.
Follow me for the next update when $BTC either respects the ~79.7K ceiling or dives into the ~74.5K zone. What level are you watching on $BTC ? 👇
⚠️ Not financial advice. DYOR.
#BTC #Bitcoin #Crypto #BinanceSquare
