🔥 Three L1s, three completely different stories right now
BTC chilling at $85K while ETH bleeds and MINA gets absolutely crushed — the L1 sector is sending mixed signals today. Let's break down what each chart is telling us 👇
🟠 **BTC** — The king is taking a breather. RSI at 52.5 = textbook neutral, volume declining (-0.13%). Price hovering near SMA7 on the 4H ($85,715). Not panicking, not FOMOing — just consolidating. The daily trend is still solidly bullish above SMA25 ($82,454).
🔵 **ETH** — Slight red day (-0.6%), RSI 46.4 and leaning bearish on 4H. Volume normal at $610M — no capitulation, but no conviction either. Holding above daily SMA25 ($2,635) is key. If that breaks, watch out.
🟣 **MINA** — Down a brutal 29.4% with RSI screaming oversold at 20.7 on the 4H. Volume 2.8x above average — this is capitulation-level selling. But catching knives without confirmation? No thanks.
📋 **Trade Plans:**
BTC → Short bias | Entry: $85,580 | SL: $86,767 | TP: $83,200
ETH → Short bias | Entry: $2,691 | SL: $2,728 | TP: $2,617
MINA → Short momentum | Entry: $0.1137 | SL: $0.1253 | TP: $0.0950
Which L1 are you most bullish on long-term? 👇
#BTC #ETH #MINA
BTC chilling at $85K while ETH bleeds and MINA gets absolutely crushed — the L1 sector is sending mixed signals today. Let's break down what each chart is telling us 👇
🟠 **BTC** — The king is taking a breather. RSI at 52.5 = textbook neutral, volume declining (-0.13%). Price hovering near SMA7 on the 4H ($85,715). Not panicking, not FOMOing — just consolidating. The daily trend is still solidly bullish above SMA25 ($82,454).
🔵 **ETH** — Slight red day (-0.6%), RSI 46.4 and leaning bearish on 4H. Volume normal at $610M — no capitulation, but no conviction either. Holding above daily SMA25 ($2,635) is key. If that breaks, watch out.
🟣 **MINA** — Down a brutal 29.4% with RSI screaming oversold at 20.7 on the 4H. Volume 2.8x above average — this is capitulation-level selling. But catching knives without confirmation? No thanks.
📋 **Trade Plans:**
BTC → Short bias | Entry: $85,580 | SL: $86,767 | TP: $83,200
ETH → Short bias | Entry: $2,691 | SL: $2,728 | TP: $2,617
MINA → Short momentum | Entry: $0.1137 | SL: $0.1253 | TP: $0.0950
Which L1 are you most bullish on long-term? 👇
#BTC #ETH #MINA