$BTC 68317, yesterday’s four-hour candle dumped 5.402 billion.
The real key isn’t the 4.1% drop—it’s whether anyone steps in at 67449.
In fact, across the 41 completed four-hour candles, the median trading volume was 1.283 billion. That candle did 4.21 times that volume, dipped to 67449, then closed back above 68555—and it hasn’t been breached since.
Yesterday’s daily candle totaled 19.448 billion, the second largest this month.
$ETH 1934, down 4.07%, is grinding too.
Only a close above 70188.00 would make up for that candle’s upper wick.
If 67449.00 breaks, the buyers who were willing to step in will have finished buying.
Keep an eye on 67449, set your conditional orders, and don’t chase.
The volume is real. The direction is down.
Volume only tells you that coins changed hands; it doesn’t tell you the direction at all.
Did you add to your BTC position above 67449, or are you waiting for it to break?
Source: https://fapi.binance.com/fapi/v1/klines?symbol=BTCUSDT&interval=4h
The real key isn’t the 4.1% drop—it’s whether anyone steps in at 67449.
In fact, across the 41 completed four-hour candles, the median trading volume was 1.283 billion. That candle did 4.21 times that volume, dipped to 67449, then closed back above 68555—and it hasn’t been breached since.
Yesterday’s daily candle totaled 19.448 billion, the second largest this month.
$ETH 1934, down 4.07%, is grinding too.
Only a close above 70188.00 would make up for that candle’s upper wick.
If 67449.00 breaks, the buyers who were willing to step in will have finished buying.
Keep an eye on 67449, set your conditional orders, and don’t chase.
The volume is real. The direction is down.
Volume only tells you that coins changed hands; it doesn’t tell you the direction at all.
Did you add to your BTC position above 67449, or are you waiting for it to break?
Source: https://fapi.binance.com/fapi/v1/klines?symbol=BTCUSDT&interval=4h
