📌 VIEW #22 – MARKET ANALYSIS OF BTC THIS AFTERNOON
Bitcoin is still in the mid-zone: Weak upward momentum, whales have not yet entered the game – warning of a sudden drop"
🔸Trading strategy:
Short is preferred in the range of 114,150 – 114,600 if there is no breakout volume.
Stoploss if the price clearly exceeds 115,800 (MA99 on the 1H timeframe).
TP1: 113,200 – 113,000 | TP2: 111,800 if distribution volume increases.
Can short midcap coins around the above BTC price to take positions before: #LINK🔥🔥🔥 ; #ens
Temporarily do not long unless there is a breakout above 116k with large volume.
🔸Factors to watch for:
BTC.D is recovering today → altcoin is slightly drained → continues to support short midcap coins.
USDT.D is slightly decreasing → money flow has not yet withdrawn but has not strongly pumped into BTC.