📉 BTC Update: Pullback in Progress Bitcoin is currently trading around $87,000–$88,000, down from recent highs near $90K+ earlier today. After touching resistance, we're seeing some healthy profit-taking and consolidation amid macro uncertainty. Bears are pointing to potential further dips if we lose $85K support, while bulls view this as a classic buy-the-dip opportunity before pushing toward new ATHs. My take: Short-term bearish pressure, but the overall trend remains bullish. Expect volatility – watch ETF flows and upcoming data! What's your prediction for BTC by end of week? Up or further down? 👇 #bitcoin #BTC走势分析 #crypto #BinanceSquare #priceprediction $BTC $BNB $XRP
1. Volume: High volume on declines (291M vs avg 200M, spike to 650M mid-June) → strong selling and capitulation signs.
2. Capital Flow: Net outflows everywhere – spot 24h -7.2M, contracts 24h -30M, 7d -108M. Short-term minor inflows but weak.
3. Price Action: Down since early June, failing supports repeatedly. Long lower wicks show dip-buying but no follow-through. Consolidating near yearly lows → possible exhaustion.
#SUİ #SUIUSDT Cautious short
Entry: - Near resistance 1.485–1.495 - Or break below 1.430 (downtrend confirmation)
SL: 1.515–1.565
TP: - TP1: 1.36 - TP2: 1.25
**Rationale: Trend clearly down with distribution flows, but oversold near lows. {future}(SUIUSDT)
* Rationale: Overall bearish but heavily oversold, flow divergences, and strong support zone point to likely bounce. Watch BTC closely as market sentiment is fragile.
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