$BTC No way, guys?!
The daily chart structure has really broken down!
If we break below 70000, this bullish move is a failure. Don’t argue—respect the market.
Around 67000 below is where price broke out earlier; for now, treat it as potential support.
4-hour resistance above: 71000–72300
Daily bearish resistance: 73100–74,800; on the 1-hour chart, keep an eye on 71200–72200 first.
Resistance is only confirmed if the rebound can’t get through.
The bulls haven’t been fully liquidated yet. Seriously, if you keep buying every dip, there’ll always be a lower dip.
This sell-off was way too fast. After breaking below the channel, the rebound met resistance and turned down. Bears are still in control, but the short-term drop has been too steep, so chasing shorts intraday isn’t worth it.
Patiently wait for panic selling to flush out. I’ll only consider buying the dip when we’re truly in a major bottoming zone—not going all in right now.
That ETH 2083 short was a satisfying little win too!! I’ll keep waiting for the next opportunity to enter 🫡🫡🫡
$ETH $SNDK
The daily chart structure has really broken down!
If we break below 70000, this bullish move is a failure. Don’t argue—respect the market.
Around 67000 below is where price broke out earlier; for now, treat it as potential support.
4-hour resistance above: 71000–72300
Daily bearish resistance: 73100–74,800; on the 1-hour chart, keep an eye on 71200–72200 first.
Resistance is only confirmed if the rebound can’t get through.
The bulls haven’t been fully liquidated yet. Seriously, if you keep buying every dip, there’ll always be a lower dip.
This sell-off was way too fast. After breaking below the channel, the rebound met resistance and turned down. Bears are still in control, but the short-term drop has been too steep, so chasing shorts intraday isn’t worth it.
Patiently wait for panic selling to flush out. I’ll only consider buying the dip when we’re truly in a major bottoming zone—not going all in right now.
That ETH 2083 short was a satisfying little win too!! I’ll keep waiting for the next opportunity to enter 🫡🫡🫡
$ETH $SNDK
