Bleeding, not breaking. $BTC lost 82,800 overnight, wicked to 81,711 and now sits near 82,400. Spot ETFs dumped $487M yesterday, the most since June, while oil tops $104 on fresh Iran strike talk and the 10-year yield sits above 5.3%.
โ๏ธ The battlefield
Resistance: 82,800 | 83,765
Support: 82,280 | 81,520
๐ฎ The verdict: bears in control. Sell the rips, don't chase the lows.
Bulls: need a daily close back above 83,650 โ 85,136
Bears: stay under 83,650 โ 81,711, then 80,000
๐๏ธ On the radar today (ET)
1:00 PM: US 30-year bond auction. A sloppy one pushes yields higher and crypto lower.
1:40 PM: Fed's Musalem speaks, the Fed is still in hiking mode.
Tomorrow 10:00 AM: Michigan sentiment and inflation expectations.
Alts: the god coin is sulking and alts bleed harder. Stay light on alt longs.
๐ Coin of the day: $MET +40.2% in 24h on $305M volume.
24h range 0.3155 - 0.546. On the radar for a setup.
Plan your trade.๐
Trade your plan ๐
$BTC
Follow for 3 calls a day ๐
โ๏ธ The battlefield
Resistance: 82,800 | 83,765
Support: 82,280 | 81,520
๐ฎ The verdict: bears in control. Sell the rips, don't chase the lows.
Bulls: need a daily close back above 83,650 โ 85,136
Bears: stay under 83,650 โ 81,711, then 80,000
๐๏ธ On the radar today (ET)
1:00 PM: US 30-year bond auction. A sloppy one pushes yields higher and crypto lower.
1:40 PM: Fed's Musalem speaks, the Fed is still in hiking mode.
Tomorrow 10:00 AM: Michigan sentiment and inflation expectations.
Alts: the god coin is sulking and alts bleed harder. Stay light on alt longs.
๐ Coin of the day: $MET +40.2% in 24h on $305M volume.
24h range 0.3155 - 0.546. On the radar for a setup.
Plan your trade.๐
Trade your plan ๐
$BTC
Follow for 3 calls a day ๐
BEARISH
BULLISH
5 day(s) left