BTC script update: 85,274 has been eaten, the next magnet is 86k.
Less than an hour ago, the order-book script for the target was already moving onto the breakout (upper) track:
BTC just ate the 85,274 intraday high and pushed the new high to 85,511—next, the magnet will be the two buy-side liquidity pools above: 85,650 (9/30 high) and the 86k integer mark.
In terms of execution: as long as the mid-range doesn’t break and bulls continue the assault, it’s effective. What you really need to watch is the push into that 86k area—where the integer level plus the previous high often becomes a spot for shorts longs to take profit, or even a liquidity-sweep fakeout that flips into a reversal. Before chasing highs, check whether it “brings volume” and whether it can “hold its ground.”
On the other hand, capital is being very honest: the big coins are rebounding (ETH, SOL both turning green), but weaker altcoins are still being drained—QNT at one point was down -14% making a new low, and ENA broke below 0.24.
In one sentence: the coins that are rebounding are the big ones; the ones being left behind are the weak ones. In this market, follow strength—not cheapness.
(Personal technical scenario, not investment advice)
#BTC #SMC #Bitcoin
Less than an hour ago, the order-book script for the target was already moving onto the breakout (upper) track:
BTC just ate the 85,274 intraday high and pushed the new high to 85,511—next, the magnet will be the two buy-side liquidity pools above: 85,650 (9/30 high) and the 86k integer mark.
In terms of execution: as long as the mid-range doesn’t break and bulls continue the assault, it’s effective. What you really need to watch is the push into that 86k area—where the integer level plus the previous high often becomes a spot for shorts longs to take profit, or even a liquidity-sweep fakeout that flips into a reversal. Before chasing highs, check whether it “brings volume” and whether it can “hold its ground.”
On the other hand, capital is being very honest: the big coins are rebounding (ETH, SOL both turning green), but weaker altcoins are still being drained—QNT at one point was down -14% making a new low, and ENA broke below 0.24.
In one sentence: the coins that are rebounding are the big ones; the ones being left behind are the weak ones. In this market, follow strength—not cheapness.
(Personal technical scenario, not investment advice)
#BTC #SMC #Bitcoin