Brothers who placed orders but haven’t broken the stop loss yet—don’t rush to withdraw first. This line at $BTC is sitting here: both longs and shorts are waiting. You think it’s building momentum, but the data looks more like delay.
The futures funding rate is only +0.0067%, so the costs for both sides are almost equal—no one is in a hurry to make a move. The 24-hour trading volume is 86.3 billion, which is lower than the earlier period; there are quite a lot of people in observation. Today’s low at 75975 hasn’t been broken, and the high at 77149 hasn’t pushed through either—the whole range is under 1.2%, narrow like a rope.
If you want to go long, wait for a pullback to stabilize around 75900 before considering it. Set your stop loss at 75400. First watch the resistance level at 77800—once it breaks, then look to trade above 78500. On the other side, if it breaks down through 75400 on increased volume, then don’t try to hold the long side in the short term; that’s very likely a different storyline.
When you close the candle, keep an eye on the 75975 line. If it doesn’t break, there’s still a chance.
#BTC
The futures funding rate is only +0.0067%, so the costs for both sides are almost equal—no one is in a hurry to make a move. The 24-hour trading volume is 86.3 billion, which is lower than the earlier period; there are quite a lot of people in observation. Today’s low at 75975 hasn’t been broken, and the high at 77149 hasn’t pushed through either—the whole range is under 1.2%, narrow like a rope.
If you want to go long, wait for a pullback to stabilize around 75900 before considering it. Set your stop loss at 75400. First watch the resistance level at 77800—once it breaks, then look to trade above 78500. On the other side, if it breaks down through 75400 on increased volume, then don’t try to hold the long side in the short term; that’s very likely a different storyline.
When you close the candle, keep an eye on the 75975 line. If it doesn’t break, there’s still a chance.
#BTC