> 🚨 BTC: this move is starting to remind me way too much of Friday…
A massive bearish 4H candle. Huge volume. The price was violently pushed down and, at first glance, it looks like everything has broken.
But one important thing is still missing: the main 4H structure is still intact.
The zone I’ve marked is around 80.985 USDT.
And this is where things get interesting.
On Friday, we saw something similar: a sharp move down, the feeling of a complete breakdown… and then the market ended up recovering its structure.
I’m not saying it will happen again.
But I’m not going to sell BTC just because a huge red candle appeared.
If sellers are really in control, I want to see them do something very simple:
🔴 break 80.985 and accept prices below it.
If they can’t do that, sweep that zone, and BTC starts recovering 81.600–82.000, then I’ll start asking myself something:
Did all this selling volume really manage to break the market… or did it just clear liquidity before a recovery?
Because a lot of volume + a big move, without breaking the structural low, can turn into a very different signal from what it seems at first glance.
⚠️ No LONG yet.
⚠️ I don’t want to chase a SHORT after the plunge either.
NEXO is waiting for the reaction.
First, let the market show who really won this battle.
👀 80.985. That’s the gateway.
#BTC #Bitcoin #Trading #Crypto #BinanceSquare #NEXOTrading
A massive bearish 4H candle. Huge volume. The price was violently pushed down and, at first glance, it looks like everything has broken.
But one important thing is still missing: the main 4H structure is still intact.
The zone I’ve marked is around 80.985 USDT.
And this is where things get interesting.
On Friday, we saw something similar: a sharp move down, the feeling of a complete breakdown… and then the market ended up recovering its structure.
I’m not saying it will happen again.
But I’m not going to sell BTC just because a huge red candle appeared.
If sellers are really in control, I want to see them do something very simple:
🔴 break 80.985 and accept prices below it.
If they can’t do that, sweep that zone, and BTC starts recovering 81.600–82.000, then I’ll start asking myself something:
Did all this selling volume really manage to break the market… or did it just clear liquidity before a recovery?
Because a lot of volume + a big move, without breaking the structural low, can turn into a very different signal from what it seems at first glance.
⚠️ No LONG yet.
⚠️ I don’t want to chase a SHORT after the plunge either.
NEXO is waiting for the reaction.
First, let the market show who really won this battle.
👀 80.985. That’s the gateway.
#BTC #Bitcoin #Trading #Crypto #BinanceSquare #NEXOTrading