$BTC USDT — Breaks below the key level; the broader market is under pressure, don’t force it
From 83569 it has been sliding down; the low is 80344. Currently down 2.86%, trading at 80940.4. The sell orders are leading, accounting for 55.21%, and all short-term support levels have been breached. BTC is weak, and most coins can’t stay out of it.
Entry: 80500–81200, very light position to try a bounce
Take profit 1: 82000・Take profit 2: 83200
Stop loss: 80200
Rationale: Even BTC can’t hold up—don’t expect altcoins to go against the trend and make money for you. Until it reclaims 82500, treat any rebound as just a rebound. Reduce overall position size; when the market is unstable, moving less is winning.#Binance #BTC
From 83569 it has been sliding down; the low is 80344. Currently down 2.86%, trading at 80940.4. The sell orders are leading, accounting for 55.21%, and all short-term support levels have been breached. BTC is weak, and most coins can’t stay out of it.
Entry: 80500–81200, very light position to try a bounce
Take profit 1: 82000・Take profit 2: 83200
Stop loss: 80200
Rationale: Even BTC can’t hold up—don’t expect altcoins to go against the trend and make money for you. Until it reclaims 82500, treat any rebound as just a rebound. Reduce overall position size; when the market is unstable, moving less is winning.#Binance #BTC