$BTC Update.
$BTC still looks weak in the short term. Price keeps making lower highs and every bounce is getting sold into, so shorts are still safer for now unless we see a strong reclaim.
Key resistance zones:
• 78.3k–78.4k → weak resistance
• 78.7k–78.9k → strongest short area
• 80.6k → major bullish reclaim level
If BTC rejects again around 78.3k–78.9k with weak volume, we could see another move down towards 77.6k and possibly 76.8k.
76.8k is still the best long area in my opinion, while longs remain risky unless BTC reclaims and holds above 78.9k.
Overall trend is still bullish short term, but the recent rejection from 78.3k is definitely a negative sign for momentum.
BitcoinETFsSee$131MNetInflows
#DuneCuts25%AmidAIEfficiencyPush
$BTC still looks weak in the short term. Price keeps making lower highs and every bounce is getting sold into, so shorts are still safer for now unless we see a strong reclaim.
Key resistance zones:
• 78.3k–78.4k → weak resistance
• 78.7k–78.9k → strongest short area
• 80.6k → major bullish reclaim level
If BTC rejects again around 78.3k–78.9k with weak volume, we could see another move down towards 77.6k and possibly 76.8k.
76.8k is still the best long area in my opinion, while longs remain risky unless BTC reclaims and holds above 78.9k.
Overall trend is still bullish short term, but the recent rejection from 78.3k is definitely a negative sign for momentum.
BitcoinETFsSee$131MNetInflows
#DuneCuts25%AmidAIEfficiencyPush