Market Overview: Relief bounce or bear trap? 📊
Total crypto market cap sits at $2.50T with BTC dominance commanding 59.8%. Majors printed a green 24H recovery after sweeping weekly lows:
• $BTC: $74,526 (+1.77%) | 24H Vol: $1.08B
• $ETH: $2,090 (+3.04%)
• $SOL: $85.25 (+3.30%)
On the 1H chart, Bitcoin is retesting EMA21 resistance around $74.6K with RSI resetting to 48. A clean 4H close above $75.2K is required to confirm short-term trend reversal; failure risks another retest of $73.2K support.
Are you buying this dip or waiting for confirmation? 👇
#Crypto #Bitcoin #Trading
Total crypto market cap sits at $2.50T with BTC dominance commanding 59.8%. Majors printed a green 24H recovery after sweeping weekly lows:
• $BTC: $74,526 (+1.77%) | 24H Vol: $1.08B
• $ETH: $2,090 (+3.04%)
• $SOL: $85.25 (+3.30%)
On the 1H chart, Bitcoin is retesting EMA21 resistance around $74.6K with RSI resetting to 48. A clean 4H close above $75.2K is required to confirm short-term trend reversal; failure risks another retest of $73.2K support.
Are you buying this dip or waiting for confirmation? 👇
#Crypto #Bitcoin #Trading
