- What happened: Tried to rise to 68.3k, didn't hold and corrected -3.12% straight to 65.963 (low of the day).
- Trend: Downtrend broken since 97.9k still holds. Recovery structure since 60k remains intact.
- What it means: Deeper correction, but completely normal after a rapid rise. Volume increased (21k BTC) indicating profit-taking + strong rotation to alts.
My View as a Trader
Current trend: Bullish Recovery in healthy correction ✅
As BTC takes a breather, money is flying to the alts — DENT is +64% today! This is the classic altseason rotation happening right in front of you.
Levels I would trade today:
- Key support: 65,963 (now testing) → 65,000 → 60,000 (strong psychological zone)
- Resistance / Target 1: 68,303 (quick retest)
- Target 2: 70,000
- Target 3: 75,000+
- Suggested Stop Loss: below 64,500 (controlled risk)
