š BTC $63,439 š“-0.4% | ETH $1,880 š“-0.1% | SOL $76 š“-0.4% | BNB $611 š“-0.3% | BTC Dom 22.1% | Fear&Greed 27 Fear
Bro, the market isnāt doing anything special today. BTC is around $63.4k, moving a bit up and down. RSI is at 38, meaning itās near oversold, but MACD and EMA are still saying bearish. My simple view isāthis is not the time to enter; wait. If you look at the macro sideāGold is at $4,409, which is at a very high level. That means thereās uncertainty in the markets and smart money is staying away from risk. When gold is this strong, crypto doesnāt get support. USD/INR is stable at 95.33āno panic. In the news, something interesting happenedāGoldman Sachs has bought a Bitcoin income ETF buyout worth $2.25 billion. Institutional interest is still there, but the retail side is weak. eToroās crypto trades have collapsed by 73%. Filecoin has gone live on the Onchain Cloud mainnet, and Aaveās GHO module has been enabled on Monad. Thatās pretty much the updates. BTC support is at $63,197, which is very strong. If it breaks, then $62k isnāt confirmed eitherāit could fall to $61k. Volume is very lowā0.03x of average. Donāt trust a bounce without volume. Only think about it if support holds and volume comes in. My view is simpleāWAIT. Keep cash ready; donāt rush the entry. The market will give direction, then trade. What do you guys thinkāwill BTC $63.2k support hold, or is this bounce just a trap? Share your view.
š Poll time ā BTC has support at $63.2K, resistance at $65.5K. What do you think, which side will break?
š¢ Break $65.5K upward, or š“ break the $63.2K piece? Commentāwhoever gets the most votes, the trend update will be shared tomorrow! š
ā ļø Personal analysis, not financial advice.
#Trading #Binance #Bitcoin #Ethereum #Crypto
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Disclaimer: My personal analysis, not financial advice. DYOR.
Bro, the market isnāt doing anything special today. BTC is around $63.4k, moving a bit up and down. RSI is at 38, meaning itās near oversold, but MACD and EMA are still saying bearish. My simple view isāthis is not the time to enter; wait. If you look at the macro sideāGold is at $4,409, which is at a very high level. That means thereās uncertainty in the markets and smart money is staying away from risk. When gold is this strong, crypto doesnāt get support. USD/INR is stable at 95.33āno panic. In the news, something interesting happenedāGoldman Sachs has bought a Bitcoin income ETF buyout worth $2.25 billion. Institutional interest is still there, but the retail side is weak. eToroās crypto trades have collapsed by 73%. Filecoin has gone live on the Onchain Cloud mainnet, and Aaveās GHO module has been enabled on Monad. Thatās pretty much the updates. BTC support is at $63,197, which is very strong. If it breaks, then $62k isnāt confirmed eitherāit could fall to $61k. Volume is very lowā0.03x of average. Donāt trust a bounce without volume. Only think about it if support holds and volume comes in. My view is simpleāWAIT. Keep cash ready; donāt rush the entry. The market will give direction, then trade. What do you guys thinkāwill BTC $63.2k support hold, or is this bounce just a trap? Share your view.
š Poll time ā BTC has support at $63.2K, resistance at $65.5K. What do you think, which side will break?
š¢ Break $65.5K upward, or š“ break the $63.2K piece? Commentāwhoever gets the most votes, the trend update will be shared tomorrow! š
ā ļø Personal analysis, not financial advice.
#Trading #Binance #Bitcoin #Ethereum #Crypto
--
Disclaimer: My personal analysis, not financial advice. DYOR.