The market is starting to look overbought, and a correction on #bitcoin could be near ❗
$BTC is still trading below the local trendline, while the Stochastic indicator is already in the overbought zone. At the same time, buying volume is slowly decreasing, which shows that bullish momentum may be weakening.
👉 The daily close today is very important. If Bitcoin drops below $69,000, it could confirm a breakdown and trigger a deeper pullback.
For now, I’m still holding my short positions. If the market loses momentum, both $BTC and weaker altcoins like $PIXEL could start moving lower. 👇
#Ethereum #ETH 🚀 Ho appena acquistato ETH basato sulla mia analisi. Il mercato sembra forte e il momentum rialzista sta aumentando. Sono fiducioso che $ETH vedrà un movimento verso l'alto da qui. Tengo d'occhio l'azione dei prezzi e le opportunità di trading. Una gestione del rischio intelligente è fondamentale! 📈🔥
#BinanceTGEUP $BTC trade opened. The market structure is looking strong and momentum is slowly building. Based on my trading experience, there is a good chance that BTC could move bullish if buyers keep control of the market. Let’s watch the next move carefully and see how $BTC reacts. Always manage risk and trade smart. 📈🚀