Overall trend
- Main trend: $$BTC has significantly adjusted from the 106,457 USD range down to the bottom of 76,606 USD, then rebounded to about 87,161 USD currently.
Resistance:
- 88k2: Nearest short-term resistance area.
- 94k8: Stronger resistance area in the medium term.
Support:
- 81k5 - 85k8: Nearest support.
- 76k6: Important support level if the market drops deep.
For those who enjoy extreme sports and thrills:
- Long if BTC holds above 85k8, target 88k - 94k.
- Short if BTC loses 85k8, target down to 81k5 - 76k6.
BTC now is just like that, guys; on-chain data still needs to look at the amount of BTC on exchanges and then the Funding rate, Open interest..... and then sit and watch the whale wallets, it's exhausting. I'd rather have some waves to make the market lively, but here it is just dead quiet, scared to death.
#BTC #Write2Earn
- Main trend: $$BTC has significantly adjusted from the 106,457 USD range down to the bottom of 76,606 USD, then rebounded to about 87,161 USD currently.
Resistance:
- 88k2: Nearest short-term resistance area.
- 94k8: Stronger resistance area in the medium term.
Support:
- 81k5 - 85k8: Nearest support.
- 76k6: Important support level if the market drops deep.
For those who enjoy extreme sports and thrills:
- Long if BTC holds above 85k8, target 88k - 94k.
- Short if BTC loses 85k8, target down to 81k5 - 76k6.
BTC now is just like that, guys; on-chain data still needs to look at the amount of BTC on exchanges and then the Funding rate, Open interest..... and then sit and watch the whale wallets, it's exhausting. I'd rather have some waves to make the market lively, but here it is just dead quiet, scared to death.
#BTC #Write2Earn
