The market pushed higher again this morning, but the pullback is already underway. 📉
$BTC and $ETH are now retesting areas around Saturday’s lows. Last night’s move was fueled by strong institutional demand, with retail traders jumping in as momentum picked up.
The weekend shakeout likely flushed out some overleveraged longs, but the broader bullish structure is still intact.
For now, support is the key area to watch. A volatile short-term dip wouldn’t be surprising.
$BTC and $ETH are now retesting areas around Saturday’s lows. Last night’s move was fueled by strong institutional demand, with retail traders jumping in as momentum picked up.
The weekend shakeout likely flushed out some overleveraged longs, but the broader bullish structure is still intact.
For now, support is the key area to watch. A volatile short-term dip wouldn’t be surprising.