$BTC is not bullish here, and that’s exactly why I’m not shorting it. 🔥
Price is $74,446.01, up 1.29% on $1.12B volume, but it’s still below the 20d and 50d averages. RSI at 46 says this isn’t overheated. The 4h move is only 1.3%, with volume at 0.9x its 20d average.
Quiet strength.
Funding is barely positive at 0.004%. $SOL may rip harder in risk-on, but BTC is the cleaner tell. At $75,000, I’d rather hold than fade unless volume expands. 👀
Holding or fading this?
#Bitcoin #BTC
Price is $74,446.01, up 1.29% on $1.12B volume, but it’s still below the 20d and 50d averages. RSI at 46 says this isn’t overheated. The 4h move is only 1.3%, with volume at 0.9x its 20d average.
Quiet strength.
Funding is barely positive at 0.004%. $SOL may rip harder in risk-on, but BTC is the cleaner tell. At $75,000, I’d rather hold than fade unless volume expands. 👀
Holding or fading this?
#Bitcoin #BTC