$GENIUS hit the first target of 0.326, which has now been reached. I’m turning bearish in the short term and looking at 0.3207
Guys, my exact words in the previous post were: "As long as 0.322 holds, the short-term outlook is for a move up toward 0.326." At around 12:35 today, $GENIUS touched 0.326, reaching the first target. So far, this round’s directional call has been on point, and the timing was right.
But after taking profits, it’s time to look at what comes next. Price has now pulled back from the high of 0.3274. Over the past hour, the highs on the 15-minute candles have gradually slipped from 0.3249 to 0.3248, while the lows have fallen from 0.3242 to 0.3232. Consecutive lower closes have brought the price down to 0.3234, with momentum clearly shifting lower. The four-hour low of 0.3208 is just ahead, and the key level of 0.3241 has already been broken.
The broader market isn’t helping either: Bitcoin has fallen below 83,000, and U.S. spot Bitcoin ETFs saw $485 million in net outflows in a single day—their largest daily outflow since June. Risk appetite is under pressure across the board.
So I’m turning bearish in the short term, with 0.3207 as the downside target. If the price regains and holds above 0.3274, I’ll withdraw my bearish view and admit I was wrong. Note that this is a short-term directional call, not a long-term prediction.
Original post: https://www.binance.com/zh-CN/square/post/374951706740796
Guys, my exact words in the previous post were: "As long as 0.322 holds, the short-term outlook is for a move up toward 0.326." At around 12:35 today, $GENIUS touched 0.326, reaching the first target. So far, this round’s directional call has been on point, and the timing was right.
But after taking profits, it’s time to look at what comes next. Price has now pulled back from the high of 0.3274. Over the past hour, the highs on the 15-minute candles have gradually slipped from 0.3249 to 0.3248, while the lows have fallen from 0.3242 to 0.3232. Consecutive lower closes have brought the price down to 0.3234, with momentum clearly shifting lower. The four-hour low of 0.3208 is just ahead, and the key level of 0.3241 has already been broken.
The broader market isn’t helping either: Bitcoin has fallen below 83,000, and U.S. spot Bitcoin ETFs saw $485 million in net outflows in a single day—their largest daily outflow since June. Risk appetite is under pressure across the board.
So I’m turning bearish in the short term, with 0.3207 as the downside target. If the price regains and holds above 0.3274, I’ll withdraw my bearish view and admit I was wrong. Note that this is a short-term directional call, not a long-term prediction.
Original post: https://www.binance.com/zh-CN/square/post/374951706740796