🔻 $BTC support has already been lost.
On the 1H level, the structure is still under bearish pressure.
No official signal has been hit yet, and the market is still waiting for direction.
Any rebound should first be treated as risk-off release, not a reversal confirmation.
Volume has shrunk to almost zero, and there is basically no follow-through/bid support.
Momentum has flattened, and the chart is stuck in the window where it must choose a direction.
Price is currently hovering around the middle area.
But the structure is broken—that is the biggest issue right now.
What you should pay attention to now is the strength of the rebound.
See whether it can pull back above the broken/invalidated level and get back on its feet.
If it can’t hold, the next leg of downside selling can come at any time.
If it holds, then we can talk about repairs/recovery.
🔻 Add it to the watchlist—wait for confirmation, no rush.
⚠️ N.F.A. For reference only.👇️
#BTC #ETH $BTC $ETH
On the 1H level, the structure is still under bearish pressure.
No official signal has been hit yet, and the market is still waiting for direction.
Any rebound should first be treated as risk-off release, not a reversal confirmation.
Volume has shrunk to almost zero, and there is basically no follow-through/bid support.
Momentum has flattened, and the chart is stuck in the window where it must choose a direction.
Price is currently hovering around the middle area.
But the structure is broken—that is the biggest issue right now.
What you should pay attention to now is the strength of the rebound.
See whether it can pull back above the broken/invalidated level and get back on its feet.
If it can’t hold, the next leg of downside selling can come at any time.
If it holds, then we can talk about repairs/recovery.
🔻 Add it to the watchlist—wait for confirmation, no rush.
⚠️ N.F.A. For reference only.👇️
#BTC #ETH $BTC $ETH