Bitcoin is back above the $76,000 level, showing strength after the recent move.
We’re also seeing ETF buying picking up, which is a strong signal of real spot demand entering the market — not just leverage-driven moves.
In my view, $BTC could still push toward the $78,000 area to fill the CME gap before any potential pullback or continuation of the downtrend, but holding 76K is very important. If we get rejection from 76K, we can go down further towards 72K
So I'm not gonna close my shorts, r...
BTC is sitting at a decision area today. If you only watch 3 things, watch these:
1) Resistance (R1): $78,500
Break + hold above = momentum can expand
2) Support (S1): $75,000
Holding S1 keeps the bounce scenario alive
3) “Line in the sand” (LOS): $73,400
Clean loss of LOS = I stop looking for longs and wait.
My simple plan (no leverage):
Bull case: Break & hold above R1 → look for pullback entry, manage risk.
Bear case: Rejection from R1 → patience; wait for S1/LOS reaction
...
💰 $M – Overextended Pump, Reversal Setup 📉
🔽 SHORT
✳️ ENTRY : 4.05 - 4.15 - 4.25
🎯 TARGETS: 3.97, 3.905, 3.380, 3.6600, 3.50 , 3.340 , 3
🀄️ LEVERAGE: 20x
🔴 STOPLOSS: 4.40
Explosive move with parabolic push + vertical candles → classic exhaustion signal
Price already stretched far above MA25 & MA99 → mean reversion likely
RSI overheated (above 90 zone) → strong indication of short-term top formation
MACD showing peak momentum, but histogram may start fading → momentum slowing
If ...
$CHZ is currently trading just below a key resistance zone around 0.0475–0.0485, where price already faced rejection multiple times, indicating sellers are active in this area. The structure is forming a short-term range after an upward push, with lower highs starting to appear — a sign of weakening bullish momentum. Immediate support sits near 0.0445–0.0435, and a breakdown below this level can trigger a sharper move down. Volume is also declining during consolidation, suggesting reduced buying...