‼️Warning: $BTC Rally Losing Strength at Resistance
The market is currently showing multiple bearish formations at the same time:
Bear flag forming on the structure
Potential double top developing
Rising wedge pattern building
These are typically continuation / reversal warning patterns, and the key idea is that recent upside moves may have been bull traps rather than real breakouts.
📊 Technical Indicators (BTC)
• RSI
RSI is approaching overbought territory (~60 area)
Warning sign: if trendline breaks, momentum could weaken sharply
Possible downside extension toward RSI 20–30 zone in a bearish continuation scenario
• Order Blocks
Major supply zone identified: $77,500 – $82,500
This area is acting as strong resistance where selling pressure is concentrated
Key level: 7.6%
If USDT dominance breaks upward or holds strength: → Historically signals increased crypto market weakness
🔴 Ethereum Strategy
ETH has already broken below support
That broken support is now acting as resistance
Strategy outlook:
Avoid aggressive longs unless scalping
Tight-risk scalp zone: $2,225 – $2,240
Stop-loss: below $2,215
Safer approach:
Wait for deeper test zone: $2,150 – $2,160
This aligns with bear flag support retest scenario
⚠️ Overall Market Bias
Multiple bearish patterns forming simultaneously
Key resistance zones rejecting price
Macro indicators hinting at weakening momentum
Key invalidation:
BTC must reclaim and close above $80,000+ to shift bias back bullish
Until then: 👉 Strategy = caution + short-term scalping only
Trade Smartly 😉👇🏻
