$BTC This daily candle isn’t a vertical surge, but it’s kind of interesting.
On the Binance spot page, BTC/USDT is currently at 79,194, up 2.48% over the past 24 hours, with trading volume of about 1.151 billion U; during the day it pulled back from 76,838, and the high has already touched 79,325.
What I’m watching isn’t just a simple “breakout,” but whether the volume near the high can keep up. If the volume can’t follow, it wouldn’t be surprising to surge and then fall back into the range again.
Observing the spot market only (excluding futures, leverage, or trading instructions). Short-term price action can still be volatile, with risks of a pullback after a run-up and reversals in the news.
Do you think this move will keep raising the overall base, or will it first wash out the chasing sentiment?
$BTC #BinanceSpot
On the Binance spot page, BTC/USDT is currently at 79,194, up 2.48% over the past 24 hours, with trading volume of about 1.151 billion U; during the day it pulled back from 76,838, and the high has already touched 79,325.
What I’m watching isn’t just a simple “breakout,” but whether the volume near the high can keep up. If the volume can’t follow, it wouldn’t be surprising to surge and then fall back into the range again.
Observing the spot market only (excluding futures, leverage, or trading instructions). Short-term price action can still be volatile, with risks of a pullback after a run-up and reversals in the news.
Do you think this move will keep raising the overall base, or will it first wash out the chasing sentiment?
$BTC #BinanceSpot
