$BTC
BTC Setup: Don’t Chase $72.6K 🚨
BTC is bullish on the higher timeframe, but the current move looks stretched and heavily driven by short covering.
📍 Current: $72,653
🔥 24H High: $72,945
📈 Weekly MA30: $69,199
📊 Weekly EMA30: $72,057
⚠️ KDJ J: 98.2 — very stretched
🔴 CVD: -1.7M — sellers still active
🔥 Short liquidations: ~$459M
📈 OI: Rising
🟢 Funding: Positive but not crowded
My view:
🟢 Best LONG: Wait for a confirmed $73K breakout + retest.
Entry: $72,950–$73,150
SL: $72,200
TP1: $74,200
TP2: $75,500
TP3: $77,000
Confirmation I want: CVD turning up + OI holding firm.
If BTC fails to break $73K, I prefer a pullback into $70,800–$71,500 and a reclaim of ~$72K.
🔴 I would NOT short just because RSI/KDJ is overbought. A short makes more sense only after a confirmed rejection of $72.9K–$73K with bearish structure and negative CVD.
Key levels:
$73K → breakout zone 🚀
$71K–$70.5K → pullback zone
$69.2K → major weekly support ⚠️
Bias: 60% bullish continuation / 40% pullback.
👉 One trade: LONG only after confirmed $73K breakout/retest.
Risk max 0.5–1%. Avoid high leverage.
Technical setup only — not financial advice.
BTC Setup: Don’t Chase $72.6K 🚨
BTC is bullish on the higher timeframe, but the current move looks stretched and heavily driven by short covering.
📍 Current: $72,653
🔥 24H High: $72,945
📈 Weekly MA30: $69,199
📊 Weekly EMA30: $72,057
⚠️ KDJ J: 98.2 — very stretched
🔴 CVD: -1.7M — sellers still active
🔥 Short liquidations: ~$459M
📈 OI: Rising
🟢 Funding: Positive but not crowded
My view:
🟢 Best LONG: Wait for a confirmed $73K breakout + retest.
Entry: $72,950–$73,150
SL: $72,200
TP1: $74,200
TP2: $75,500
TP3: $77,000
Confirmation I want: CVD turning up + OI holding firm.
If BTC fails to break $73K, I prefer a pullback into $70,800–$71,500 and a reclaim of ~$72K.
🔴 I would NOT short just because RSI/KDJ is overbought. A short makes more sense only after a confirmed rejection of $72.9K–$73K with bearish structure and negative CVD.
Key levels:
$73K → breakout zone 🚀
$71K–$70.5K → pullback zone
$69.2K → major weekly support ⚠️
Bias: 60% bullish continuation / 40% pullback.
👉 One trade: LONG only after confirmed $73K breakout/retest.
Risk max 0.5–1%. Avoid high leverage.
Technical setup only — not financial advice.