$BTC Got absolutely wrecked!!!
This sell-off is really starting to feel hopeless!!
Capital is fleeing across the board. ETF outflows are accelerating week by week, and the Coinbase spot premium is getting more and more negative.
Stablecoin redemptions are accelerating too. The dollar is strengthening, and the 10-year Treasury yield has hit 5.1% again—that’s a direct drain on non-yielding assets.
注意: the 4-hour and daily charts are bearish, and RSI has entered oversold territory, so a technical bounce is possible. Don’t mistake oversold for a reversal.
First, watch 71,300–72,200 as resistance on a rebound—the retest of the breakdown level.
If price really pushes higher, whether it can hold above 74,000 will be the key dividing line. If it can’t, don’t call it a major reversal.
First support below: 66,500–67,500
Second: 64,300–64,500
For ETH, watch 1,805–1,835 for support.
The plan is simple right now: don’t chase a direction; wait for key levels to give us the answer.
Only consider entries if a rebound meets resistance. If there’s a sharp drop to support, scale in gradually. Don’t get itchy fingers in the middle of the range.
Until the higher timeframe stabilizes, stay defensive. Staying in the game matters more than anything.
That ETH 2083 short was a sweet little win too 🤏!! Now we’ll keep waiting for the next opportunity to set up 🫡🫡🫡
$ETH $SNDK
This sell-off is really starting to feel hopeless!!
Capital is fleeing across the board. ETF outflows are accelerating week by week, and the Coinbase spot premium is getting more and more negative.
Stablecoin redemptions are accelerating too. The dollar is strengthening, and the 10-year Treasury yield has hit 5.1% again—that’s a direct drain on non-yielding assets.
注意: the 4-hour and daily charts are bearish, and RSI has entered oversold territory, so a technical bounce is possible. Don’t mistake oversold for a reversal.
First, watch 71,300–72,200 as resistance on a rebound—the retest of the breakdown level.
If price really pushes higher, whether it can hold above 74,000 will be the key dividing line. If it can’t, don’t call it a major reversal.
First support below: 66,500–67,500
Second: 64,300–64,500
For ETH, watch 1,805–1,835 for support.
The plan is simple right now: don’t chase a direction; wait for key levels to give us the answer.
Only consider entries if a rebound meets resistance. If there’s a sharp drop to support, scale in gradually. Don’t get itchy fingers in the middle of the range.
Until the higher timeframe stabilizes, stay defensive. Staying in the game matters more than anything.
That ETH 2083 short was a sweet little win too 🤏!! Now we’ll keep waiting for the next opportunity to set up 🫡🫡🫡
$ETH $SNDK
