$BTR is not trading like a dead chart anymore.
The 4H structure is improving fast: price is holding above MA7 and MA30, MACD stays constructive, and volume expansion supports continuation. The 15m chart shows cooling, but not collapse. That usually favors another attempt higher if bulls keep control of the 0.0348-0.0352 zone.
Bitlayer also still has a live BTCFi narrative behind it, with nearly 99.98M YBTC Family TVL and 10,000+ active users recently reported. The risk is obvious: unlock pressure and prior distribution damage are real, so this is a momentum long, not blind conviction holding.
Bias: Long
Entry: 0.0348-0.0358
SL: 0.0332
TP1: 0.0369
TP2: 0.0387
TP3: 0.0415
If 0.0332 breaks cleanly, the bullish setup is invalidated. Until then, I favor continuation over fade on $BTR. #BTR #BTCFi #Futures #BitcoinL2