📉 BTC / ETH Trade Setup: Bearish Outlook with Clear Entry, Targets & Stop-Loss 🎯
The market is showing bearish momentum today. Here's my plan for $BTC and $ETH:
🔹 Bitcoin (BTC)
Entry Zone: $75,200 – $75,800
Take-Profit (TP): $72,500
Stop-Loss (SL): $76,500
R:R Ratio: 1:2.3
🔹 Ethereum (ETH)
Entry Zone: $2,250 – $2,330
Take-Profit (TP): $2,100
Stop-Loss (SL): $2,390
R:R Ratio: 1:2.1
📊 Why This Setup?
- Iran has closed the Strait of Hormuz again until the US lifts its maritime blockade, reigniting geopolitical uncertainty in the crypto market[reference:0]
- BTC is trading at $75,600 after dropping 2.11% in 24h[reference:1]
- ETH has declined to $2,299, down 4.55%[reference:2]
- Over $341 million in total liquidations occurred in the past 24 hours, with longs taking the biggest hit[reference:3]
⚠️ Risk management is everything in this environment. Size down, stick to your stop-loss, and let the trade come to you.
👇 What's your move? Are you shorting $BTC or waiting for a bounce? Drop your TA below.
