$BTC is green, but the chart is still acting weak.
$77,549.55 right now, up just 0.22% in 24h and 0.5% over the latest 4h window. Feels bullish at a glance. It isn’t.
Volume is only $486.60M, basically 0.0x the 20-day average. RSI sits at 39, price remains below both the 20D and 50D MAs, while longs are still paying 0.010% funding. That’s a nasty mix. 👀
Even $XRP is showing cleaner energy than this.
If BTC reaches $77,550, I’m watching for rejection, not chasing strength. ⚠️
Am I early or late on this weakness? 📉
#Bitcoin #Bitcoin #BTC
$77,549.55 right now, up just 0.22% in 24h and 0.5% over the latest 4h window. Feels bullish at a glance. It isn’t.
Volume is only $486.60M, basically 0.0x the 20-day average. RSI sits at 39, price remains below both the 20D and 50D MAs, while longs are still paying 0.010% funding. That’s a nasty mix. 👀
Even $XRP is showing cleaner energy than this.
If BTC reaches $77,550, I’m watching for rejection, not chasing strength. ⚠️
Am I early or late on this weakness? 📉
#Bitcoin #Bitcoin #BTC