Why is everyone targeting $AAVE
$76K+?
Here's the answer:
The last major resistance zone formed around $76,370 — that's today's 24H high — right before price started fading back down on the 15M chart.
What most people are missing is this: BTC has been grinding in a tight range between $73,309 and $76,370 all day, with volume drying up significantly.
The MA60 sitting at $75,521 is acting as dynamic resistance right now.
Price rejected hard from the upper range
Volume MA(10) at 13.53 vs MA(5) at 3.09 — volume is collapsing
Right now, $BTC is showing classic distribution behavior on the short timeframe.
If that continues, it suggests the $76K level won't flip to support anytime soon.
And if that's the case, it points to one thing:
The local top may already be in — and a retest of $73K support is more likely than a breakout above $76K.
$BTCUSDT
Spot
75,244.00
+1.24%
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