【Top 10 Crypto Traders’ Highlights Today｜BTC August 23】
BTC is currently around 76,500. The conclusion is: in the short term, first pull back, then try to push higher—right now it’s not suitable to chase the breakout.
Why make this call?
1）Daan Crypto (X: @DaanCrypto): This week’s K-line increase has already entered the top 5% range of the past 8 years, so the short-term is clearly overheated; however, the monthly increase is only in the top 32%, meaning the move may not be over yet.
2）Rekt Capital (X: @rektcapital): BTC is approaching a resistance zone formed by the macro downtrend and the monthly highs. It must hold the high area and form renewed accumulation to avoid another false breakout.
3）Pentoshi (X: @Pentosh1): Still treats 74,450 as the buy zone to wait for the pullback, which suggests the liquidity below hasn’t been fully tested yet.
Based on the live market, there’s only one route to watch next: first pull back to 75,800—75,200; after holding 75,200, look for a rebound toward 77,400. If 77,400 breaks through, then watch 78,500. If there is a valid breakdown below 74,450 on the 4-hour timeframe, then this “drop first, then rise” path is invalid—continue to guard against a deeper correction.
Don’t blindly chase after a series of big rallies. The above is a scenario/path projection for the market, not a guaranteed profit signal. Do you think 75,200 can hold?
#BTC #ETH #BNB
BTC is currently around 76,500. The conclusion is: in the short term, first pull back, then try to push higher—right now it’s not suitable to chase the breakout.
Why make this call?
1）Daan Crypto (X: @DaanCrypto): This week’s K-line increase has already entered the top 5% range of the past 8 years, so the short-term is clearly overheated; however, the monthly increase is only in the top 32%, meaning the move may not be over yet.
2）Rekt Capital (X: @rektcapital): BTC is approaching a resistance zone formed by the macro downtrend and the monthly highs. It must hold the high area and form renewed accumulation to avoid another false breakout.
3）Pentoshi (X: @Pentosh1): Still treats 74,450 as the buy zone to wait for the pullback, which suggests the liquidity below hasn’t been fully tested yet.
Based on the live market, there’s only one route to watch next: first pull back to 75,800—75,200; after holding 75,200, look for a rebound toward 77,400. If 77,400 breaks through, then watch 78,500. If there is a valid breakdown below 74,450 on the 4-hour timeframe, then this “drop first, then rise” path is invalid—continue to guard against a deeper correction.
Don’t blindly chase after a series of big rallies. The above is a scenario/path projection for the market, not a guaranteed profit signal. Do you think 75,200 can hold?
#BTC #ETH #BNB
