๐จ๐จ๐จ Binanceโs take on BTC: Will the pullback come before the next move? โฟ๐ฅ
๐ Dear Binancians โค๏ธ
๐ถ ๐ $BTC | The correction has already begun
The latest drop in Bitcoin wasnโt completely unexpected; the negative divergence on the 4-hour timeframe pointed to weakening momentum and the possibility of a short-term retracement.
๐ท ๐ฏ BTC and ETH | Double-top pattern
Potential double-top signals are showing on both BTC and ETH. Meanwhile, BTC breaking below its most recent range on 4 hours keeps sell pressure present.
๐ก ๐ Key levels to watch
Iโm watching the $79Kโ$81K zone first. If pressure continues, the accumulation zone may extend toward $74Kโ$79K.
๐ข ๐ Long-term outlook
Despite the correction, the picture on the higher timeframe is still positive. A test of $72Kโ$74K could be a healthy pullback before attempting to regain higher levels.
๐ ๐ฅ Possible accumulation zones
๐ BTC: $74Kโ$79K
๐ $ETH : $2,300โ$2,500
๐ $SOL : $95โ$105
๐ Summary & learning
Corrections are a normal part of the market. Donโt chase candles; use risk and capital management, enter gradually, and make sure support is in place before trading.
๐ฒ Trade after doing your own research and managing your risk well.
#KumailAbbasAkmal #BTC #ETH #solana #Binance #Crypto
๐ Dear Binancians โค๏ธ
๐ถ ๐ $BTC | The correction has already begun
The latest drop in Bitcoin wasnโt completely unexpected; the negative divergence on the 4-hour timeframe pointed to weakening momentum and the possibility of a short-term retracement.
๐ท ๐ฏ BTC and ETH | Double-top pattern
Potential double-top signals are showing on both BTC and ETH. Meanwhile, BTC breaking below its most recent range on 4 hours keeps sell pressure present.
๐ก ๐ Key levels to watch
Iโm watching the $79Kโ$81K zone first. If pressure continues, the accumulation zone may extend toward $74Kโ$79K.
๐ข ๐ Long-term outlook
Despite the correction, the picture on the higher timeframe is still positive. A test of $72Kโ$74K could be a healthy pullback before attempting to regain higher levels.
๐ ๐ฅ Possible accumulation zones
๐ BTC: $74Kโ$79K
๐ $ETH : $2,300โ$2,500
๐ $SOL : $95โ$105
๐ Summary & learning
Corrections are a normal part of the market. Donโt chase candles; use risk and capital management, enter gradually, and make sure support is in place before trading.
๐ฒ Trade after doing your own research and managing your risk well.
#KumailAbbasAkmal #BTC #ETH #solana #Binance #Crypto
