Lots of confluence with a lot of levels that would determine where the momentum is headed in the short to mid term.
🔸.382 Fib Retracement level from August move 🔸4H 200MA & EMA 🔸Monthly VWAP 🔸Highest volume area from past weeks 🔸Weekly 200MA at $64K as well
So good area to watch today. Below $64K and I think the bears will take control of this week's price action.
Most interesting is still to play alts that are more unbothered by BTC the past few weeks. Definitely some decent runs while BTC has been chopping around.
$BTC Above $67K things get exciting. From there on out you have $69K-$72K which is full of big high timeframe daily and weekly levels and moving averages.
But until $67K is broken, we are just chopping sideways. Right now the market has been stuck between ~$62K-$65K for most of last month.