📊 Weekly close at $BTC : key support or profit-taking?
We’ve made it to Friday with Bitcoin looking to consolidate in key resistance zones. During the first hours of the session, we saw moderate buy-side volume, but the key today is how the market will react with the opening of Wall Street and the derivatives liquidations over the weekend.
Key points to watch:
1️⃣ Maintain the structure of higher lows on the 4H timeframe.
2️⃣ Leverage control: funding (funding rate) remains neutral, which for now prevents violent sweeps.
Do you close positions before Saturday, or keep trades open?
$ETH #bitcoin #CryptoMarket #BinanceSquare #TechnicalAnalysis
We’ve made it to Friday with Bitcoin looking to consolidate in key resistance zones. During the first hours of the session, we saw moderate buy-side volume, but the key today is how the market will react with the opening of Wall Street and the derivatives liquidations over the weekend.
Key points to watch:
1️⃣ Maintain the structure of higher lows on the 4H timeframe.
2️⃣ Leverage control: funding (funding rate) remains neutral, which for now prevents violent sweeps.
Do you close positions before Saturday, or keep trades open?
$ETH #bitcoin #CryptoMarket #BinanceSquare #TechnicalAnalysis