_Uptober Update: BTC Holding $114.5K, ETH Above $2.6K — What Next?_
Market today Oct 4:
$BTC : Holding $114,500 - $115,500 range. Liquidation map shows $116.2K - $116.8K is next target. Break = $117.5K fast.
$ETH : Holding $2,600 support after $118M ETF outflow. Strength vs bearish sentiment is bullish sign. Next resistance $2,775.
My read:
Crowd is still fearful but price is NOT falling. That's divergence. Same happened Oct 2023 before 40% run.
My plan:
- Not shorting here
- Long only if BTC closes above $116K with volume
- InvaInvalidation if BTC drops below $113,500
Are you expecting $116K break this weekend or Sunday dip?
$BTC #Uptober #CryptoTrading
Market today Oct 4:
$BTC : Holding $114,500 - $115,500 range. Liquidation map shows $116.2K - $116.8K is next target. Break = $117.5K fast.
$ETH : Holding $2,600 support after $118M ETF outflow. Strength vs bearish sentiment is bullish sign. Next resistance $2,775.
My read:
Crowd is still fearful but price is NOT falling. That's divergence. Same happened Oct 2023 before 40% run.
My plan:
- Not shorting here
- Long only if BTC closes above $116K with volume
- InvaInvalidation if BTC drops below $113,500
Are you expecting $116K break this weekend or Sunday dip?
$BTC #Uptober #CryptoTrading