*BTC Short Update – Apr 29, 2026*
- *Price*: $75,979.52, -0.27% today — slight pullback after $77.9k rejection
- *24h range*: $75,696.13 - $77,904.93
- *Market cap*: ∼$1.54T, #1
- *Setup*: Rejected at $80k psychological level. Trading just above 100-day EMA $75,640. RSI 57, MACD above zero — still constructive but momentum fading
- *Volume*: $26.53B 24h, elevated but thin conviction f7223085bbf6
*Key levels*:
- *Resistance*: $78,962 50% fib → $80,000 → $83,437
- *Support*: $75,680 channel top/100-day EMA → $74,487 38.2% fib → $73,486 50-day EMA 3085
*Different angle*:
1. *Sentiment*: Fear & Greed cooled from greed phase. Retail enthusiasm down, but institutions still accumulating
2. *Macro drag*: U Michigan sentiment 49.8 all-time low, 1-yr inflation expectations 4.8%. Fed likely holds 3.5%-3.75% this week — hawkish for risk assets
3. *ETF flows*: $263M outflows Monday after 8-day inflow streak. Strategy added 3,273 BTC same day bbf649cf17d6
Market in “fragile consolidation”. Needs volume + $80k break to confirm bulls. Below $75.6k opens $74.5k test. bbf6
#BinanceLaunchesGoldvs.BTCTradingCompetition
#BitMineIncreasesEthereumStaking
#CFTCWillUseAItoReviewCryptoRegistrations
#LayerZeroBacksDeFiUnitedWithOver10000ETH
