$BTC has spent the whole day stuck between 73.2k and 74.1k.
After the CPI candle took it down to 72.7k yesterday buyers did show up, but every bounce since is small and the volume is kinda meh. Still under both 4h EMAs too, the 20 is sitting around 74.6k now.
For me 74.9k is the line. That was the Nov 6 low and the floor of the old 76k box, and now its acting like a ceiling. A 4h close above it and 76.3k comes back in view.
Lose 72.7k on a 4h close and this whole bounce was just a pause. Until one of those breaks its chop and I'm not forcing anything.
After the CPI candle took it down to 72.7k yesterday buyers did show up, but every bounce since is small and the volume is kinda meh. Still under both 4h EMAs too, the 20 is sitting around 74.6k now.
For me 74.9k is the line. That was the Nov 6 low and the floor of the old 76k box, and now its acting like a ceiling. A 4h close above it and 76.3k comes back in view.
Lose 72.7k on a 4h close and this whole bounce was just a pause. Until one of those breaks its chop and I'm not forcing anything.
