📊 BTC $78,324 🔴-0.9% | ETH $2,452 🔴-0.7% | SOL $96 🔴-1.4% | BNB $700 🟢+0.5% | BTC Dom 20.1% | Fear&Greed 65 Greed
Bro, the market today is in a complete no-man’s land. BTC is stuck around $78.3k; on one side MACD is saying bearish, but on the other side the EMA structure is still bullish. Volume is also just 0.6x of the average, meaning there’s no clear conviction in either direction. The macro side isn’t giving much support either. US Q2 GDP stayed unchanged at 1.5%, but inflation is stubborn and the possibility of a Fed rate hike is again gaining momentum. Even the S&P 500 is waiting for Nvidia’s earnings. Gold is at $4618, showing safe-haven demand—so there’s uncertainty in the market. One interesting thing: Bitcoin traders have placed hedges at $60k and accumulated long positions above $78k. But the $70k zone is exposed. XRP has rebounded 32% with ETF money, but that’s a different story. My personal take—right now, taking a trade is not a good idea. There’s strong support at $77.8k and resistance at $78.8k. Don’t get trapped in between this range. Once the Fed’s inflation data tension clears, only then we’ll get direction. What do you guys think—will BTC break out above this range, or will it retest $75k? 👇
👀 Poll time — BTC has support at $75.5K and resistance at $81.3K. What do you think—on which side will the break happen?
🟢 Break upward at $81.3K, or 🔴 the $75.5K piece? Comment—whoever gets the most votes will get the trend update tomorrow! 👇
⚠️ 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 today is in a complete no-man’s land. BTC is stuck around $78.3k; on one side MACD is saying bearish, but on the other side the EMA structure is still bullish. Volume is also just 0.6x of the average, meaning there’s no clear conviction in either direction. The macro side isn’t giving much support either. US Q2 GDP stayed unchanged at 1.5%, but inflation is stubborn and the possibility of a Fed rate hike is again gaining momentum. Even the S&P 500 is waiting for Nvidia’s earnings. Gold is at $4618, showing safe-haven demand—so there’s uncertainty in the market. One interesting thing: Bitcoin traders have placed hedges at $60k and accumulated long positions above $78k. But the $70k zone is exposed. XRP has rebounded 32% with ETF money, but that’s a different story. My personal take—right now, taking a trade is not a good idea. There’s strong support at $77.8k and resistance at $78.8k. Don’t get trapped in between this range. Once the Fed’s inflation data tension clears, only then we’ll get direction. What do you guys think—will BTC break out above this range, or will it retest $75k? 👇
👀 Poll time — BTC has support at $75.5K and resistance at $81.3K. What do you think—on which side will the break happen?
🟢 Break upward at $81.3K, or 🔴 the $75.5K piece? Comment—whoever gets the most votes will get the trend update tomorrow! 👇
⚠️ Personal analysis, not financial advice.
#Trading #Binance #Bitcoin #Ethereum #Crypto
--
Disclaimer: My personal analysis, not financial advice. DYOR.
