Market is showing mixed momentum today.
$VIRTUAL leads the move with +14.5%, followed by
$BTW +17.5%,
$BEAT +8.2%,
$SUI +7%, and
$NEAR +5.5%.
$LINK,
$ZEC,
$AVAX,
$PI,
$ETH, and
$INJ are also trading higher.
On the downside, $UNI, $LEO, and $ALGO are under pressure.
$BTC We have a critical level just below current price...
{future}(BTCUSDT)
If we see a continuation lower, reclaim the $62.2k level and break through, this break of structure could signal a much larger retracement is coming.
As some of you know, I was expecting a rejection off the FVG we're currently testing. We did see a small rejection, but selling pressure was too high after CPI data was released, which caused a dump lower.
So what confirmation do we need for price to show signs of testin...