๐จ $BTC MARKET UPDATE ๐จ
BTC is sitting at a critical level right now. โ ๏ธ
Price is hovering around 65.7K, but the key concern is clear: BTC has already faced rejection from the upper supply zone around 66.8Kโ67.5K ๐
As discussed earlier, the short around 67.2K is already in play, and the spot positions accumulated near 60K were sold โ
So the big question now is: what happens next? ๐ค
Letโs break it down ๐
๐ Possible downside sweep levels
Market makers could still push BTC lower to grab liquidity before any meaningful bullish recovery.
Downside targets:
๐ป 65.3K
๐ป 65.0K
๐ป 64.6K
๐ฏ Possible short entry zone
For those who missed the earlier move, a possible re-entry zone could be around:
๐ 65,750 โ 65,950
๐๏ธ Why today matters
Today is especially important because the FOMC meeting is in focus.
Expectations around rate cuts will likely drive volatility, and for now, Iโm not expecting a rate cut โ
๐ Current BTC structure
On lower timeframes, BTC is showing weakness:
โ ๏ธ Volume is not convincing
โ ๏ธ Momentum is fading
โ ๏ธ Price is struggling to reclaim the upper resistance zone
That keeps downside pressure active for now.
๐ฐ Alt shorts update
Short positions on SOL,ETH, XRP, andSUI are already running in profit โ
Using a trailing stop-loss in profit remains the safer approach here ๐ธ
๐จ Sentiment check
The Fear Index is very low, which shows panic in the market.
But panic often creates opportunity ๐
This could be a signal to start preparing spot ladder buys gradually โ especially if BTC performs a deeper liquidity sweep first.
๐ Next spot entry decision will depend on how price reacts after that sweep.
Stay sharp, manage risk, and donโt chase emotional moves โก๐๐
#BTC #Bitcoin #Crypto #Binance #FOMC #ETH #SOL #XRP #SUI #TradingUpdate
BTC is sitting at a critical level right now. โ ๏ธ
Price is hovering around 65.7K, but the key concern is clear: BTC has already faced rejection from the upper supply zone around 66.8Kโ67.5K ๐
As discussed earlier, the short around 67.2K is already in play, and the spot positions accumulated near 60K were sold โ
So the big question now is: what happens next? ๐ค
Letโs break it down ๐
๐ Possible downside sweep levels
Market makers could still push BTC lower to grab liquidity before any meaningful bullish recovery.
Downside targets:
๐ป 65.3K
๐ป 65.0K
๐ป 64.6K
๐ฏ Possible short entry zone
For those who missed the earlier move, a possible re-entry zone could be around:
๐ 65,750 โ 65,950
๐๏ธ Why today matters
Today is especially important because the FOMC meeting is in focus.
Expectations around rate cuts will likely drive volatility, and for now, Iโm not expecting a rate cut โ
๐ Current BTC structure
On lower timeframes, BTC is showing weakness:
โ ๏ธ Volume is not convincing
โ ๏ธ Momentum is fading
โ ๏ธ Price is struggling to reclaim the upper resistance zone
That keeps downside pressure active for now.
๐ฐ Alt shorts update
Short positions on SOL,ETH, XRP, andSUI are already running in profit โ
Using a trailing stop-loss in profit remains the safer approach here ๐ธ
๐จ Sentiment check
The Fear Index is very low, which shows panic in the market.
But panic often creates opportunity ๐
This could be a signal to start preparing spot ladder buys gradually โ especially if BTC performs a deeper liquidity sweep first.
๐ Next spot entry decision will depend on how price reacts after that sweep.
Stay sharp, manage risk, and donโt chase emotional moves โก๐๐
#BTC #Bitcoin #Crypto #Binance #FOMC #ETH #SOL #XRP #SUI #TradingUpdate