$BTC is grinding higher on suspiciously real volume.
$82,158.40, up 0.49%, with $1.85B traded and volume running 1.4x the 20-day average. That’s the part most people are missing. Price is chopping, RSI(14) on 4h is only 47, yet bids keep absorbing supply. 👀
Funding is just 0.008%, so longs aren’t euphoric. $ETH isn’t showing this same clean pressure.
At $82,500, I’d watch for acceptance, not chase a wick. BTC is only 6% off its 30d high. 🔥
Does this chop resolve up or fail first?
#Bitcoin #BTC
$82,158.40, up 0.49%, with $1.85B traded and volume running 1.4x the 20-day average. That’s the part most people are missing. Price is chopping, RSI(14) on 4h is only 47, yet bids keep absorbing supply. 👀
Funding is just 0.008%, so longs aren’t euphoric. $ETH isn’t showing this same clean pressure.
At $82,500, I’d watch for acceptance, not chase a wick. BTC is only 6% off its 30d high. 🔥
Does this chop resolve up or fail first?
#Bitcoin #BTC