$BTC Tuesday morning: holding around 75,000 after rebounding from the 73,510 low
$BTC was trading around 74,995 USDT this morning, down slightly by 0.22% over 24 hours, with volume of about 1.14 billion USDT. The 24-hour range: 73,750–75,599 USDT.
The main question remains how resilient the rebound is: after Monday night’s plunge to 73,510 triggered more than $1 billion in liquidations, $BTC climbed back and held around 75,000 through the end of the week’s first U.S. session—no breakout yet, but no renewed sell-off either. The 75,600 level is the first test to the upside; below, the 73,750–73,500 zone remains support that must hold for the rebound to stay intact.
Insight: after a major liquidation sweep, the market often enters a “digestive” phase—most of the leverage has been flushed out, volatility contracts, and prices move sideways within a range while awaiting a new catalyst. The narrower and longer the range remains after the sweep, the more reliable the next breakout tends to be compared with an immediate bounce.
Do you think $BTC will break above 75,600 today, or continue moving sideways while waiting for tonight’s U.S. session?
(Not investment advice)
$BTC was trading around 74,995 USDT this morning, down slightly by 0.22% over 24 hours, with volume of about 1.14 billion USDT. The 24-hour range: 73,750–75,599 USDT.
The main question remains how resilient the rebound is: after Monday night’s plunge to 73,510 triggered more than $1 billion in liquidations, $BTC climbed back and held around 75,000 through the end of the week’s first U.S. session—no breakout yet, but no renewed sell-off either. The 75,600 level is the first test to the upside; below, the 73,750–73,500 zone remains support that must hold for the rebound to stay intact.
Insight: after a major liquidation sweep, the market often enters a “digestive” phase—most of the leverage has been flushed out, volatility contracts, and prices move sideways within a range while awaiting a new catalyst. The narrower and longer the range remains after the sweep, the more reliable the next breakout tends to be compared with an immediate bounce.
Do you think $BTC will break above 75,600 today, or continue moving sideways while waiting for tonight’s U.S. session?
(Not investment advice)
