BTC is still strong, but MSTR has already started to weaken first. MSTRUSDT’s latest is around 163.9. After repeatedly falling from the previous 170.5 peak, the most recent hourly candle has dropped from around 166 to below 164. Along with the price decline, OI increased from roughly 526,000 to around 531,000.
Entry to watch: 164.6–165.2
Stop-loss reference: 166.4–166.8
First target: 162.2
Second target: around 160
If weakness continues, observe the next phase around the 156–157 area.
If the price recaptures 165 and then holds back above 166, then this breakdown should be treated with caution as a possible false breakout, and the short-term bearish thesis should be reassessed.
#BTC #MSTR
Entry to watch: 164.6–165.2
Stop-loss reference: 166.4–166.8
First target: 162.2
Second target: around 160
If weakness continues, observe the next phase around the 156–157 area.
If the price recaptures 165 and then holds back above 166, then this breakdown should be treated with caution as a possible false breakout, and the short-term bearish thesis should be reassessed.
#BTC #MSTR