🔴 BTC bearish today, watching a retest of 76.3K｜ETH range-bound and weak｜HYPE pullback, watching 80
First, a quick recap of the last post: I said ETH would range between 2,250–2,300. It’s moved from 2,276 to 2,260 (-0.7%) and has stayed in that range—got that one right 👍 I was wrong to call BTC and HYPE bullish: BTC went from 78.2K to 77.1K (-1.4%), and HYPE from 88.1 to 83.7 (-5%). Both broke below their support levels. I own that.
$BTC Bearish bias
On the 4H chart, price has fallen back below the EMA20 (77.8K) and EMA50 (78.7K). Yesterday’s push to 78.9K failed and price turned lower, with lower highs. If it bounces toward 77.8K today, I’ll look for downside first, targeting the previous low at 76.3K, then 75.5K if that breaks. I’ll admit I’m wrong if it reclaims 78K on strong volume.
$ETH Range-bound; wait and see
Following BTC’s weakness, it’s pinned below both moving averages, chopping between 2,240–2,300. I’d stay out in the middle of the range. If it breaks below 2,240, watch the previous low at 2,174; only consider going long again if it holds above 2,300.
$HYPE Bearish pullback
It’s still up 7% over the past 7 days, but it has broken below the 86–89 consolidation range and lost the EMA20. In the short term, I’m watching for a pullback toward 80. I’ll admit I’m wrong if it reclaims 86.5.
This is not investment advice. Manage your position size carefully 🚬
First, a quick recap of the last post: I said ETH would range between 2,250–2,300. It’s moved from 2,276 to 2,260 (-0.7%) and has stayed in that range—got that one right 👍 I was wrong to call BTC and HYPE bullish: BTC went from 78.2K to 77.1K (-1.4%), and HYPE from 88.1 to 83.7 (-5%). Both broke below their support levels. I own that.
$BTC Bearish bias
On the 4H chart, price has fallen back below the EMA20 (77.8K) and EMA50 (78.7K). Yesterday’s push to 78.9K failed and price turned lower, with lower highs. If it bounces toward 77.8K today, I’ll look for downside first, targeting the previous low at 76.3K, then 75.5K if that breaks. I’ll admit I’m wrong if it reclaims 78K on strong volume.
$ETH Range-bound; wait and see
Following BTC’s weakness, it’s pinned below both moving averages, chopping between 2,240–2,300. I’d stay out in the middle of the range. If it breaks below 2,240, watch the previous low at 2,174; only consider going long again if it holds above 2,300.
$HYPE Bearish pullback
It’s still up 7% over the past 7 days, but it has broken below the 86–89 consolidation range and lost the EMA20. In the short term, I’m watching for a pullback toward 80. I’ll admit I’m wrong if it reclaims 86.5.
This is not investment advice. Manage your position size carefully 🚬
