Did you notice? The Air Force has been paying the bulls wages these past few days.
$BTC came down hard from 79220. Yesterday it even dipped to the low of 76420, and now it’s consolidating near 77500 with shrinking volume. I checked the funding rates across the whole market—0.0075 isn’t that high, but $ACE is -0.7 and $KSTR is -0.21. The extent to which these shorts are being pinned down and rubbed by the bulls is a bit ridiculous.
In the short term, I’m leaning bullish. The reason is simple: the Air Force can’t push the price down anymore. That 76800 level was tested twice yesterday and failed to break; the buy-side support at the bottom is obvious.
My plan: buy in batches in the 76800–77200 range, set the stop-loss at 76000. If it breaks down below that, I’ll exit. Targets first to look at 78500; if it breaks above 79000, you can consider holding a bit longer.
Of course, if tonight another big bearish candle comes and smashes straight through 76000, then this wouldn’t be a pullback anymore—at that point we’ll reassess.
Fellow Air Force comrades, can your funding rates still hold up?😂
Write2Earn Market Analysis
#Write2Earn #Crypto
⚠️ Personal opinion only, not investment advice.
$BTC came down hard from 79220. Yesterday it even dipped to the low of 76420, and now it’s consolidating near 77500 with shrinking volume. I checked the funding rates across the whole market—0.0075 isn’t that high, but $ACE is -0.7 and $KSTR is -0.21. The extent to which these shorts are being pinned down and rubbed by the bulls is a bit ridiculous.
In the short term, I’m leaning bullish. The reason is simple: the Air Force can’t push the price down anymore. That 76800 level was tested twice yesterday and failed to break; the buy-side support at the bottom is obvious.
My plan: buy in batches in the 76800–77200 range, set the stop-loss at 76000. If it breaks down below that, I’ll exit. Targets first to look at 78500; if it breaks above 79000, you can consider holding a bit longer.
Of course, if tonight another big bearish candle comes and smashes straight through 76000, then this wouldn’t be a pullback anymore—at that point we’ll reassess.
Fellow Air Force comrades, can your funding rates still hold up?😂
Write2Earn Market Analysis
#Write2Earn #Crypto
⚠️ Personal opinion only, not investment advice.