Weekend Highs: Bitcoin Holds $77,500 Base as Post-Expiry Accumulation Takes Over! đŻ
âHappy Saturday! Following Fridayâs massive monthly derivatives settlement, Bitcoin is kicking off the weekend with steady structural composure, consolidating in the $77,200â$78,350 horizontal channel. Spot order books are absorbing weekend flow smoothly, holding price action within inches of local highs. đ
âWeekend Technical Highlights:
âDerivatives Cleansing Complete: With August monthly options settled, futures funding rates across major exchanges have stabilized at neutral levels, resetting speculative leverage and establishing a solid, organic accumulation shelf.
âFirm Support Base: On-chain limit bid clusters between $76,500 and $77,000 continue to defend against sharp mean-reversion wicks, keeping the daily higher-low structure firmly intact.
âTechnical Blueprint: The key horizontal ceiling to watch on the 4-hour chart is $78,500. A sustained daily candle close above this level clears local supply and targets a direct liquidity sweep toward the $80,000 psychological milestone on the upcoming weekly open.
âAre you holding your spot bags through the weekend or waiting for the Sunday night weekly close? Drop your thoughts below! đ
â#Bitcoin #BTC #MarketAnalysis #WeekendTrading #CryptoTrading #BinanceSquare
âHappy Saturday! Following Fridayâs massive monthly derivatives settlement, Bitcoin is kicking off the weekend with steady structural composure, consolidating in the $77,200â$78,350 horizontal channel. Spot order books are absorbing weekend flow smoothly, holding price action within inches of local highs. đ
âWeekend Technical Highlights:
âDerivatives Cleansing Complete: With August monthly options settled, futures funding rates across major exchanges have stabilized at neutral levels, resetting speculative leverage and establishing a solid, organic accumulation shelf.
âFirm Support Base: On-chain limit bid clusters between $76,500 and $77,000 continue to defend against sharp mean-reversion wicks, keeping the daily higher-low structure firmly intact.
âTechnical Blueprint: The key horizontal ceiling to watch on the 4-hour chart is $78,500. A sustained daily candle close above this level clears local supply and targets a direct liquidity sweep toward the $80,000 psychological milestone on the upcoming weekly open.
âAre you holding your spot bags through the weekend or waiting for the Sunday night weekly close? Drop your thoughts below! đ
â#Bitcoin #BTC #MarketAnalysis #WeekendTrading #CryptoTrading #BinanceSquare