MAYA_

Hmm....
When the market drops a little, one question comes to mind.. is this just a correction, or the beginning of a major decline?
Especially when three different assets : Gold, Silver, and Crypto..... are showing weakness at the same time, it is necessary to look at the matter a little differently. Because it is not possible to understand the whole picture by looking at just one coin chart.
For me, the question is, why is the market selling at this point?
One reason may be interest rates.
If major central banks, including the Fed, keep interest rates high for a long time, then the market behavior starts to change. A very simple thing—if banks or bonds have relatively good yields, why would some large investors stay in assets that do not provide any direct yield?
This is where the issue of Gold and Silver comes in.
Gold or silver does not provide any interest income on its own. So in a high interest rate environment, a portion of institutional money may move towards bonds or interest-bearing assets. This does not mean that the story of Gold or Silver is over. Rather, they may be under pressure in the short term.
In the case of Crypto, the situation is more direct.
When liquidity decreases, high-risk assets usually feel pressure first. Since Crypto is already more volatile, even a small macro shift can create a relatively large price movement here.
Then comes the Dollar.
This often escapes attention. The strength of the Dollar plays an important role in the valuation of large assets like Gold, Silver, and Bitcoin.
When the DXY is strong, Dollar-denominated assets become relatively expensive for buyers in other countries. As a result, demand may be pressured.
But here too, one thing needs to be clear—a strong Dollar means that Gold or Crypto will definitely fall, there is no fixed rule. The market is not that simple.
Many factors work together.
Another issue is profit booking.
Be it Gold or Crypto—it is not supposed to happen that everyone will be a buyer in the end when the asset has risen a lot.
Someone will take profit.
If a whale or institutional investor has taken a position from a very low point, then it is not unusual to lock in profits by selling some of it after the price goes much higher. Rather, it can be seen as a normal behavior of the market.
From here, a technical correction can start.
Then there is a different story in the case of Silver.
Silver is not only a safe-haven asset, it has a large industrial use case. It is used in solar panels, electronics and various manufacturing activities.
So if the global economy or manufacturing sector slows down, the pressure on Silver does not only come from investment sentiment, but also from industrial demand.
This point also shows the difference between Gold and Silver.
And Crypto?
Here the story happens faster.
Suppose Bitcoin went down slightly. In the Spot market, it may be a simple pullback. But if there are a lot of leveraged long positions in the Futures market, then the same move can become much larger.
A position is liquidated.
Then, due to that liquidation, more selling pressure was created.
Then another leveraged position was liquidated.
This is how a small price move sometimes turns into a liquidation cascade.
Then, from the outside, it seems that the market suddenly collapsed.
Actually, leverage was playing a big role inside.
The most important thing for me here is that not all declines should be viewed in the same way.
In the case of Gold and Silver, there may be a short-term correction. But in the long term, due to inflation, central bank reserves and their monetary role, Gold has a different basis for demand. Silver also has the issue of industrial demand.
In the case of Crypto, volatility is much higher.
Big corrections here are nothing new. Market cycle, liquidity, adoption and investor positioning—all together drive the price.
So is there anything to panic about when you hear “a crash is coming”?
I’m not sure.
Rather, it is at times like these that you need to step back a little and see the whole picture.
Where is the interest rate?
Is the dollar getting stronger?
Is liquidity decreasing or increasing?
How stretched was the asset's previous rally?
And how much leverage is accumulated in the case of Crypto?
These questions may not tell us a specific bottom or top. But they can at least explain why the market is behaving this way.
Another thing is quite interesting to me—the market will never go up in a row. Sometimes there will be profit booking, sentiment will change, liquidity will shift, some traders will exit. Then new buyers may come again.
So a correction means the end of the cycle—such a decision is made very quickly.
And the same thing is true from the other side. It is not right to dismiss every dip as “buy the dip”.
In the end, the market does not move alone for a headline. Many small factors work together to create a big move.
At this moment, it seems more important to look at the macro picture than to see the decline of Gold, Silver or Crypto as just a “crash”.
There can be volatility in the short term.
But the real question is probably not “how much lower will it go?”
Rather—
What factors could change to stop this selling pressure?
Trying to understand that is perhaps the most useful thing in this type of market.
$XAUT
$XAUG.ETF
#

I mean actually.....
Trading in the same market, both are well-known names, both have a large ecosystem behind them—yet when you look at Cardano and Ripple, it seems like they are telling two different stories from within the same market.
Why is this happening?
If you just look at the price action, the answer might seem very simple. ADA is rising, XRP is not moving much. But if you look a little deeper, it is not just a story of price increase or decrease.
Starting with Cardano, it is quite interesting.
For a long time, there was not much excitement in the market about ADA. At one time, it seemed that the token might be left on its own outside the big market movement. But now the situation has started to change again.
There is talk of an upcoming major technical upgrade. Added to that is the market’s expectations and speculation about Spot ETF approval. How the ETF will actually progress is a different question. But the market does not always wait for the final result. Expectations also often affect the price.
This is where ADA's recent move seems important to me.
After this news came to light, the Cardano token price suddenly saw a surge. Recent trading sessions have also reported a 32% increase. Such a big move naturally attracts everyone's attention, from traders to institutional investors.
And when the narrative matches the price move, momentum can build even faster.
Because then not only the chart is rising - people's expectations are also rising.
This is where bullish sentiment is created.
However, one thing needs to be kept in mind. Expectations about a big upgrade or ETF can be a strong catalyst in the market, but expectations and actual adoption are not the same thing. How long the attention that ADA is currently receiving will last is a matter of concern.
On the other hand, looking at XRP, the picture is a little strange.
Ripple is bringing forward a new minting platform and various infrastructure developments. If you hear it, this is not a bad thing for the ecosystem. On the contrary, the creation of new infrastructure is generally seen as a positive development.
But here comes a question.
If the focus of this development is not XRP but Ripple’s own pegged stablecoin RLUSD, then where does the immediate utility or demand for XRP stand?
This is probably why XRP’s price action seems a bit slow right now.
I wouldn’t call it outright bearish here. Because the price isn’t breaking much. But the kind of momentum that was expected isn’t showing either.
And this part of the market is quite interesting.
Because the growth of an ecosystem and the price growth of its native token don’t always happen at the same pace.
A network can introduce new products, expand infrastructure, create new use cases—but that value doesn’t always flow into the token right away.
In the case of RLUSD, such a transition phase may be visible now. The importance of stablecoins within the Ripple ecosystem is increasing, and the market is taking time to understand how that change will affect XRP.
It’s a bit paradoxical.
On the one hand, the ecosystem is moving forward, but the token is not moving at the same pace.
In the case of Cardano, the opposite psychology is at work. With the upgrade and ETF narratives coming to the fore, future expectations are now influencing present price action.
So, putting ADA and XRP side by side, one thing becomes clear—crypto markets don’t just price based on technology, they also look at narrative.
Sometimes the expectation of a future upgrade drives the price.
Sometimes a new product changes the direction of the ecosystem.
And sometimes, even if the network is well-developed, the native token doesn’t reflect that benefit for a while.
The most interesting thing for me now is where these two narratives stand.
Is ADA’s current momentum really the start of a new trend, or just an expectation-driven rally?
And is XRP’s current stagnation a temporary pause, or a sign of a change in the ecosystem’s value capture model?
These questions are difficult to answer right now.
So, rather than just looking at who is rising the most, it may be more important to see where an ecosystem is actually going.
Because in the end, the price tells a story, but only time will tell whether that ecosystem story is true or not.
$XRP
$ADA
#XRPDefends$1

I mean actually.....
Sometimes the hardest part of BTC is when two opposing stories seem plausible at the same time when looking at the chart.
That's exactly what I'm feeling right now.
On the one hand, it still seems like a final capitulation could come. A final correction where the market makes everyone a little uncomfortable again. Those who think the bottom is already in may lose their confidence. And those who are waiting for a lower price may think, "Here we go, it's coming at the right time."
But on the other hand...
Bottom already in—this argument is not to be dismissed at all.
A bullish case can be made from the current structure. Price could gradually show strength from here and move to the upside again. And if that happens, then the current levels might look like a pretty reasonable entry when you look back later.
This is where I'm really worried.
Because the problem with the market is not always direction. Timing is also a big problem.
Suppose I believe that BTC can make another 5-10% correction. So naturally, why buy now? Let's wait a bit. If it goes lower, I will deploy capital.
Sounds reasonable.
But what if that correction doesn't come?
What if BTC slowly turns from here and the main move of the upcoming bull run begins?
Then the capital that I had left for the "better entry" will probably be my biggest mistake.
Because of this, my own approach is not very complicated now.
Most of my capital is already deployed in the spot. And my swing long for the upcoming bull run is already open.
That is, I am not completely sitting on the sidelines trying to guess the bottom.
Another final 10% capital is still available.
If BTC makes another correction from here, and the price really comes lower, then there will be an opportunity to deploy that final 10%.
In that case, the overall entry will be 2-3% better.
Good thing, of course.
But if you think about it... is a 2-3% better average entry really that big of a deal?
Especially if the thesis is to take a position for a big bull run?
Suppose BTC finally went much higher. Then the difference between today's entry and the entry a few percent lower may not be very big. Rather, the most important thing will be whether I was in the market or not.
The opportunity cost is interesting to me here.
We usually only think about losses.
“I bought now, then BTC dumped.”
This is the obvious risk.
But there is another risk, which is a little less discussed.
“I waited, BTC didn't drop further, then the market pumped and left.”
Here, no stop loss is hit. No chart breakdown. But the opportunity to deploy capital is lost.
And the big moves in the bull market usually don't wait for everyone with perfect confirmation.
That's why I don't want to make a very strong prediction about the bottom now.
Final capitulation may come.
It may not come again.
There are valid arguments on both sides.
Even if a correction comes, it is not necessarily a bad outcome for me. Because I have spot exposure, a swing long open, and the opportunity to deploy the final 10% capital at a lower price.
And if a correction does not come?
That is also okay.
Because I am not waiting outside the entire market to get “a little lower.”
Perhaps this is where the biggest lesson lies.
The market should always be about making maximum profit—this mindset often creates unnecessary pressure.
If I cannot catch the exact price of the bottom, I do not see much of a problem with it.
If my entry is a few percent worse, but I can hold the position in the larger trend, then that is an acceptable trade-off for me.
Rather, missing the entire move to get a slightly better entry would be much more frustrating for me.
Because a 2–3% better entry might not matter much later.
But if I watch a big leg of a bull run from the sidelines, it is very difficult to compensate for that.
So my mindset now is something like this—
If BTC capitulates once more, I will have the opportunity to use the remaining capital.
And if capitulation does not come and the market turns from here, then I am already positioned.
I have a plan for both scenarios.
This is probably the most important thing now.
We do not always have to predict the next move of the market. Sometimes it is enough to position in such a way that uncertainty on both sides can be handled.
Whether the bottom is already in, it may be much easier to understand later.
More important to me than trying to confirm it by looking at today's chart—if I am wrong, what is my downside, and if I am right, how much upside can I capture?
In the end, I may not get the exact bottom.
I may not get another 2–3% better entry.
But honestly, I don't have much of a problem with that.
I'd rather take a little less profit if I don't miss the main move of the bull run.
Because the market doesn't always have the best price.
Sometimes just being in the market is more important.
$BTC

Hmmm....
Looking at the ORDI/USDT chart now, there is one thing that makes me pause.
Is price actually contracting before a big move?
If you look at the structure since July 25, you can see both lower highs and higher lows. This means that sellers are pushing below the previous high every time, while buyers are holding the price slightly above the previous low.
The range is narrowing on both sides.
And now ORDI is at around $3.40. Very interesting place, because the price is right in the middle of the compression. It is impossible to say whether a breakout will happen from here. But the tighter the wedge, the closer the chart seems to be to a decision.
One thing I like about the descending wedge—the contradiction in price action is quite clear here.
On one side, there is selling pressure. The lower highs are saying that.
But on the other hand, buyers have not completely moved away. The higher lows are saying that too.
So the question now is not just “Will ORDI rise or fall?”—it’s not that simple.
Rather, the question is, which side will ultimately emerge from this compression with control?
At this moment, the probability of an upside seems a bit high, especially because of this type of wedge structure. But here is where you need to be a little careful.
Because if the chart pattern looks bullish, there is no need to take an entry in advance.
The most important level for me is $3.45–$3.50.
If ORDI can close a strong 1H candle above this red resistance line, then there will be a signal to confirm the wedge breakout. If it only rises above the resistance for a few minutes and then falls back down, that will not be enough confirmation for me.
Suppose the breakout really happens.
Then the first focus will be on $3.70. Then if the momentum is right, there may be room to move up to $3.90.
But the other side is also very clear.
If the green support of $3.28–$3.30 breaks, the bullish idea of ​​this entire wedge setup will weaken. Then the price may move towards $3.10, and if selling pressure increases, $3.00 will also come into discussion again.
This is actually an interesting place.
Because ORDI is now in a state where there is not much value in guessing from the middle.
Around $3.40, the price is just stuck between two trendlines. But the tighter the range, the more the value of waiting increases. At some point, this compression will end.
And then the move may be faster.
However, “wedges usually break upside” and “this particular wedge will definitely break upside”—these two are not the same thing.
I can take the first as a probability, not the second.
So for now, even though my bias is on the upside, I have no intention of jumping before confirmation.
A strong 1H close above $3.45–$3.50 will make the bullish scenario much clearer.
And if $3.28–$3.30 is lost, the whole picture will change.
ORDI is now basically standing in a decision-making position.
Whether a breakout will come first or a breakdown—a few candles will probably tell.
So my job now is not to make predictions.
Just to see which side the price really chooses.
Because in the end, the wedge only speaks of possibilities.
But the confirmation is given by the candles.
$ORDI

Hmmmm.....
Looking at the BTC chart, one thing seems pretty clear now—price has moved up, reclaimed some important levels, but has not yet been able to sweep the previous high of $65.4K.
This is where things get interesting.
Because if the previous high is not broken and then reacts downwards, we create equal highs. And equal highs mean there is a possibility of liquidity there. So I am not assuming right now that BTC will go straight down from here.
Rather, the current structure for me is a bit like this—the market is still in a bearish structure, but in the short-term, buyers are trying to regain some control.
The most important thing is that BTC has now reclaimed its EMAs.
This alone is not a bullish confirmation. But when the price reclaims important support together and comes back above the EMAs, the market may want to take some upside liquidity before the downside continuation—this possibility is not to be ignored at all.
And where is the liquidity above?
The first obvious place is the equal highs of $65.4K.
Above that, $67K keeps coming up as the next big target. Because this level is not just a random number, it is also an important resistance area in the broader structure.
So in my eyes, the main question now is “BTC bullish or bearish?”—not that.
Rather, the question is, which liquidity will BTC take first and how will it react to gray support?
Because this is where the real decision can be made.
If the price pulls back from the current level and retests the gray support area and buyers become active there again, then that will be quite interesting to me.
Especially if BTC makes a higher low again after holding support and returns to $65.4K, then the possibility of an equal highs sweep becomes much more meaningful.
And once $65.4K is cleanly taken, my eyes will be directly on $67K.
Because after taking liquidity from equal highs, the market often expands towards the next obvious liquidity area. Here, that area is $67K.
But the other side must be kept in mind.
If the gray support cannot hold, then the short-term bullish thesis of the entire setup will weaken.
Then the question will be how much price can sustain both the EMA reclaim and the support reclaim. And if the bearish momentum returns with the support loss, then the current equal highs will become even more important, because the market can expand downwards before taking upside liquidity.
That is why I do not want to sit in the middle of the chart and draw any aggressive conclusions now.
BTC is now in a place where a small reaction can change the entire short-term direction.
On one side, there is unswept liquidity of $65.4K.
On the other side, there is the gray support area below.
In the middle, the price has reclaimed the EMAs and returned above the key support.
So for now my bias is a little more on the upside.
This doesn't mean that $67K is certain.
Rather, according to the current structure, I would like to see another upside attempt first. Especially if the pullback is shallow and the grey support can be defended by buyers, then a retest of the equal highs of $65.4K would be a very logical move for me.
And then the real game will begin.
Will buyers be able to maintain momentum if $65.4K breaks?
Or will there be another rejection after the liquidity sweep?
These two scenarios need to be looked at separately.
Because a high sweep alone does not create a bullish structure. How the price reacts there is more important.
So far, the broader structure is bearish—I am not forgetting this.
But short-term price action has strengthened a little.
EMAs have been reclaimed.
Key support has been reclaimed.
Equal highs above are still unswept.
With these three factors together, I think the probability of another upside push is a bit high.
However, I will keep an eye on the grey support retest.
That is where the market will actually tell whether the buyers have really returned, or whether this whole move is just a temporary reclaim.
If support holds and the price goes back to $65.4K, then the liquidity of $67K will be my next major focus.
And if support breaks, then the bullish expectation will quickly weaken.
So at this moment, the BTC chart looks like a very simple question to me—
Should the liquidity of $65.4K be taken first, or will the market lose support and go down?
I still prefer the first scenario.
But confirmation will come from support, not from prediction.
$BTC

I mean..... Hmmm...
After looking at the BTC chart for a while, one thing has been on my mind.... Are we really going anywhere, or are we just moving around in the same range?
Because the price action doesn't seem very exciting. For almost the entire last month, BTC has been stuck between $62K and $65K. It goes up a little, then comes down again. It comes down, and buyers come in again.
That means the market is moving, but it's not moving much.
And this is where I think the $67K level is so important.
When the price shows some strength around $65K, many people might think that maybe a big move is starting. But if you zoom out a little, it looks different again. $67K has not been broken yet.
So the question is — why is $67K so important?
For me, it's not just a number. When you go above this level, the market structure becomes a little interesting. Because then BTC will find a large zone of $69K to $72K ahead.
And this place is not just a random area on the chart.
There are several daily and weekly levels of high timeframes here, along with moving averages. That is, if the price breaks $67K cleanly, then not only another resistance will come forward, but several confirmation zones of large timeframes will come together.
This place is interesting.
Because being below $67K and being above $67K - two market conditions that look the same on the chart, can actually be completely different in terms of sentiment.
So far, we are basically within the range.
When we go towards $62K, buyers show some interest. When we approach $65K, the upside is blocked. As a result, the price is moving in the middle.
It's not very exciting, to be honest.
But there is one thing about range markets - the more boring it seems, the faster the situation can change after a breakout.
But here too, we need to be a little careful.
I am not talking about becoming bullish just by touching $67K. Because breaking a level and staying above that level are two completely different things.
If BTC goes above $67K, we still need to see how strong the buyers are there. Is the price holding above the level? Or is it going to enter the range again with liquidity?
Because if there is a fake breakout, the whole picture can return to its previous position.
And if it can really reclaim $67K and hold, then the $69K-$72K zone will be the next big test for me.
There are daily and weekly levels there, moving averages there—meaning higher timeframe traders are more likely to keep their eyes on those areas.
One thing I don't like here, and that is taking excessive confidence in the middle of the range.
Suppose BTC is now between $62K-$65K. I don't see much need to draw a big bullish or bearish conclusion sitting in this middle ground.
Because the market hasn't decided yet.
If it goes below $62K, the picture may change one way.
If it breaks $67K, the picture may change the other way.
And if we are in the middle of these two extremes, then perhaps the most accurate description is still that—chop.
A little boring, a little frustrating, but chop.
Many times, as traders, this is where we have a problem. We want a direction every day. Today bullish, tomorrow bearish—we want some clear answer.
But the market doesn't always give that answer.
Sometimes the market just ranges and waits.
In my eyes, BTC is pretty much in that kind of place now.
So $67K is not just a resistance for me, but a decision point.
If it's below that, we're still in that old $62K-$65K range.
But if BTC can hold there after breaking $67K, then the situation will be a little different. Then the $69K-$72K zone will come into view, where the higher timeframe levels and moving averages can retest the market.
That's where we might understand if the breakout was truly meaningful.
So for me, the most interesting part right now is not where BTC will go, but when the market will finally decide.
As long as the $62K-$65K range is in place, patience is probably the most boring but most useful strategy.
And $67K?
Until that breaks, observation is more important than excitement.
Because sometimes the most important moves on the chart start when everyone thinks nothing is happening.
$BTC

I mean.....
One thing kept coming to mind while looking at today's charts. GOLD has risen in its own way. SPX has also made a good move. But Crypto..... still can't seem to find that momentum.
At first, it seemed like maybe it was just crypto's weakness. But when I thought about it, it wasn't that simple.
Many times we assume that all risk assets will move together. In reality, the market doesn't behave like that. Different asset classes can tell completely different stories at the same time. And that's probably what's happening now.
GOLD usually shows strength in times of uncertainty. On the other hand, SPX's movement often depends on corporate earnings, liquidity expectations, or macro sentiment. Crypto is in a completely different liquidity cycle. So there is no rule that strength in one place means immediate follow-through in another.
This is where I find it interesting.
Because BTC is not completely breaking down, nor is it giving any convincing breakout. It's as if the market itself has not yet decided where the next big move will be.
Liquidation data is a bit important here.
According to the current structure, the liquidation pool around $62K still remains a big magnet. The market loves to collect liquidity at times. It is not unusual for the price to turn to the direction where there is a lot of stop loss, leverage or forced liquidation.
Of course, it would not be right to call it a future guarantee. Liquidation map is not a prediction tool. It is rather a snapshot of the possibilities of where the market can find incentive.
Without understanding this difference, many people create confidence in the wrong place.
Another thing also came to mind.
If GOLD and SPX have already made their move, is Crypto just delaying? Or is there really a different behavior in this cycle?
Honestly, it is difficult to answer right now.
The Crypto market has done this before. Many times the traditional market has reacted first, then a few days or weeks later Bitcoin showed its own direction. It has also happened that Bitcoin has followed a completely different narrative.
That's why trading just by looking at correlation doesn't always work.
Rather, structure, liquidity, and market participation.... If you look at these three together, the picture becomes a little clearer.
Right now, the $62K level for Bitcoin is not just a number. It is an area where the market has a lot of pending liquidity. If the price sweeps there, it automatically becomes bearish - there is no way to say that.
Rather, many times a healthy market collects the liquidity below and then starts a reversal.
The opposite is also possible.
If BTC starts showing strength without taking that liquidity, then that will also be a signal that buyers are trying to take control early.
This uncertainty is perhaps the most honest description of the current market.
We often want to give labels very quickly—bullish, bearish, breakout, breakdown. But the real market sometimes spends a lot of time in between these labels. Patience then becomes more important than direction.
And maybe this phase is just like that.
GOLD is telling its story. SPX is moving at its own pace. Crypto is still writing its next chapter. From the outside, it may seem like nothing is happening, but sometimes the most important setups are created during these quiet phases.
So for now, I will keep my eyes on the same place.
Will BTC sweep $62K liquidity? Or will the market leave that level untouched and show new strength?
It is not yet time to say anything for sure. But it seems that the market wants to test our patience a little more before the next big move.
$XAUT
$SPX
#SpaceX911.5MShareLockupExpires

Hmmmm..... Listen please... 🙋‍♀️
It seemed almost clear to me until a few days ago.
As long as the lower liquidity, especially around $61K, was untouched, I thought the market might go there at some point. Because sometimes the market doesn't go directly where everyone is looking. Instead, it turns around a bit in the middle, takes some liquidity and then decides the direction.
So I was bearish even after watching the whole move.
But this is where the market sometimes changes its own story.
What is noticeable now is that BTC has risen above the descending trendline. Not only did it break out, it also showed a good bounce after the retest. This part seems more important to me than the breakout. Because only if resistance can become support can we think about changing the structure.
Still... I don't want to make any big decisions right now.
Because a trendline break is not always the same as a trend reversal. Sometimes, before the market structure changes, such false confidence is also created. So for me, the most important level now is $65.4K.
The funny thing is, the whole discussion is now revolving around a number. But in reality, it's not just that number. Rather, it's how the market behaves above that level that is the real issue.
If buyers can really hold the price above $65.4K, then the bearish structure will weaken a lot. Then the possibility of going towards $67K will seem much more real than before.
I sometimes think that the hardest thing in trading is not making predictions.
The hardest thing is being able to change your opinion.
We often become so comfortable with a bias that even if the market changes, we don't change our thoughts. But the chart doesn't follow anyone's opinion. It only follows the price.
That's why my previous bearish view is now gradually weakening.
Because the scenario I was expecting—that is, first a $61K liquidity sweep, then a bounce—doesn't seem as likely as it was after the breakout.
Is it impossible?
No.
Liquidity may still be there. The market can collect it later if it wants.
But the probability is no longer where it was.
This small difference is very big.
Not everything in trading is done with certainty. Most of the time, decisions have to be made with probability. And if the probability changes, the analysis should also change.
Another thing I find interesting.
Many people assume that a bull market has started after seeing a breakout. Others don't want to give up their previous bias. In reality, maybe the middle ground is more important.
A breakout has happened, right?
A retest has happened.
A bounce has happened.
But the structure will be completely invalidated only when buyers can clearly show control above $65.4K.
That's probably where the next direction is hidden.
If that happens, the short-term outlook would also be bullish to me and it would make more sense to focus on higher prices.
And if it doesn't, the market could get stuck in a range again. That wouldn't be unusual either.
That's why reaction is more important than the chart right now.
Where the price is is one thing.
What the price does there is a completely different thing.
Maybe the next few candles will determine whether this breakout was the start of a new trend or just another short-lived move.
At least that's what I see right now.
I'm not biased, I'm trying to listen to what the market is saying.
$BTC