Blame the buy zone in the daytime and reclaim the sell zone at night—who wrote this BTC script?
86376.9—what happened during the day? At 83408.1, the low in the early hours was smashed through. It directly broke below the daily buy point at 83555.7—how many people got scared out of their positions? Then in the afternoon it steadily regained everything, topping at 86888. Now it’s holding above 86000. Up 2.957% for the day, with trading volume of 15.23 billion USDT. How do the folks who panicked and hit the floor in the morning feel now?
Two signals are worth noting.
1. The funding rate is only 0.0067%. It’s up nearly 3%, yet the funding is still so calm—this indicates the move wasn’t built up hard with leverage. Bulls aren’t overheated either, so there’s still room in the night session.
2. Price has climbed above the daily sell point at 85684.4 and is holding fairly steady. Turning a resistance level into support is the standard playbook for a structure strengthening.
What about ETH? +1.473%. 2745.34 is stuck between the daily sell point 2727.27 and the intraday high 2779. It’s up, sure, but relative to BTC it’s weaker—as if it hasn’t even fully woken up. Funding clearly favors BTC more. Alt-coin traders, wake up first. XRP is kind of interesting: +2.614%, holding above 1.51. If 1.47 doesn’t break, there’s still a chance. BNB is even more lackluster: +0.957%, 778.39 is just hovering at the doorstep of the daily sell point 777.12—whether it goes in or not depends on how you feel in the night session.
The night-session script is only two pages.
Page one: Hold 85684.4—testing 86888 is only a matter of time. Once you break 86888 with volume, there will be no more trapped sellers from the daytime above, and the market enters no-man’s-land.
Page two: If 85684.4 is lost, first drop back to 84410.5 to see if there’s support. If it truly can’t hold, then 83555.7 is the main line of defense, and 83408.1 is the bottom line.
One sentence: Bulls have the advantage, but don’t chase. Until 86888 is broken, the comfortable spot is the pullback area around 85684.4. As for those who chase in—think first about whether you can ride out the turbulence. As for the people who spent the day waiting for a pullback—keep waiting at night. The market is best at educating people who just wait without moving.
$BTC daily sell point: $85684 daily buy point: $83556
$ETH daily sell point: $2727.27 daily buy point: $2676.98
$BNB daily sell point: $777.12 daily buy point: $765.28
$BTC #BTC $ETH #ETH
86376.9—what happened during the day? At 83408.1, the low in the early hours was smashed through. It directly broke below the daily buy point at 83555.7—how many people got scared out of their positions? Then in the afternoon it steadily regained everything, topping at 86888. Now it’s holding above 86000. Up 2.957% for the day, with trading volume of 15.23 billion USDT. How do the folks who panicked and hit the floor in the morning feel now?
Two signals are worth noting.
1. The funding rate is only 0.0067%. It’s up nearly 3%, yet the funding is still so calm—this indicates the move wasn’t built up hard with leverage. Bulls aren’t overheated either, so there’s still room in the night session.
2. Price has climbed above the daily sell point at 85684.4 and is holding fairly steady. Turning a resistance level into support is the standard playbook for a structure strengthening.
What about ETH? +1.473%. 2745.34 is stuck between the daily sell point 2727.27 and the intraday high 2779. It’s up, sure, but relative to BTC it’s weaker—as if it hasn’t even fully woken up. Funding clearly favors BTC more. Alt-coin traders, wake up first. XRP is kind of interesting: +2.614%, holding above 1.51. If 1.47 doesn’t break, there’s still a chance. BNB is even more lackluster: +0.957%, 778.39 is just hovering at the doorstep of the daily sell point 777.12—whether it goes in or not depends on how you feel in the night session.
The night-session script is only two pages.
Page one: Hold 85684.4—testing 86888 is only a matter of time. Once you break 86888 with volume, there will be no more trapped sellers from the daytime above, and the market enters no-man’s-land.
Page two: If 85684.4 is lost, first drop back to 84410.5 to see if there’s support. If it truly can’t hold, then 83555.7 is the main line of defense, and 83408.1 is the bottom line.
One sentence: Bulls have the advantage, but don’t chase. Until 86888 is broken, the comfortable spot is the pullback area around 85684.4. As for those who chase in—think first about whether you can ride out the turbulence. As for the people who spent the day waiting for a pullback—keep waiting at night. The market is best at educating people who just wait without moving.
$BTC daily sell point: $85684 daily buy point: $83556
$ETH daily sell point: $2727.27 daily buy point: $2676.98
$BNB daily sell point: $777.12 daily buy point: $765.28
$BTC #BTC $ETH #ETH