Quick update on the situation $BTC night shift for brothers who are waiting for the board. The market right now has a very sensitive vibe—don’t let short-term excitement blind you and make you forget capital management.
Looking at the technical data, we can clearly see a standoff between the “bulls” and the “bears”:
🔹 The 15-minute chart shows struggling price action around MA(20) at 80163. This is a fairly solid short-term resistance zone; $BTC it has to test and retest to gather momentum.
🔹 However, on the 1-hour chart, price is holding well above the EMA(9) at 80012 and MA(20) at 79617. This proves that buyers still have the upper hand in controlling the main trend in the short term.
For me, this leg looks like the market is setting a liquidity trap. Don’t get overly excited and chase green orders—otherwise, when it turns around and tests support again, you’ll only end up holding a loss or cutting with pain.
My setup for tonight is as follows:
📌 Position: LONG
🎯 Entry: Wait for the 79600 - 79800 zone (where the 1h EMA area converges)
🎯 TP: 81200 - 81500
🎯 SL: 79100 (if this level breaks, the bullish structure is invalidated)
The strategy is to be patient and wait for price to pull back to retest support before entering. Absolutely don’t jump in and chase right when price is pumping strongly. The market runs on data—not emotions.
Brothers, what do you think about tonight’s test of the 80k level? Will the buyers hold their ground, or will there be an unexpected SHOCK?
Note: This is my personal perspective, not investment advice. Trading always involves risk (DYOR).
#Crypto #Trading #Bitcoin
Looking at the technical data, we can clearly see a standoff between the “bulls” and the “bears”:
🔹 The 15-minute chart shows struggling price action around MA(20) at 80163. This is a fairly solid short-term resistance zone; $BTC it has to test and retest to gather momentum.
🔹 However, on the 1-hour chart, price is holding well above the EMA(9) at 80012 and MA(20) at 79617. This proves that buyers still have the upper hand in controlling the main trend in the short term.
For me, this leg looks like the market is setting a liquidity trap. Don’t get overly excited and chase green orders—otherwise, when it turns around and tests support again, you’ll only end up holding a loss or cutting with pain.
My setup for tonight is as follows:
📌 Position: LONG
🎯 Entry: Wait for the 79600 - 79800 zone (where the 1h EMA area converges)
🎯 TP: 81200 - 81500
🎯 SL: 79100 (if this level breaks, the bullish structure is invalidated)
The strategy is to be patient and wait for price to pull back to retest support before entering. Absolutely don’t jump in and chase right when price is pumping strongly. The market runs on data—not emotions.
Brothers, what do you think about tonight’s test of the 80k level? Will the buyers hold their ground, or will there be an unexpected SHOCK?
Note: This is my personal perspective, not investment advice. Trading always involves risk (DYOR).
#Crypto #Trading #Bitcoin