Dude… after that crypto earthquake yesterday, where more than one was left seeing little birds and hitting F5 on the screen as if it were the button of hope, today the market woke up quieter than a drunk uncle after lunch on the 24th.
$BTC and the other alts are so sideways that they seem indecisive about whether to order an empanada or a cake.
The recommendation of the day, my kings: keep your hands warm and let the screen… rest for a while, because today the market is all about “don’t touch me, I’m sensitive.”
According to CoinMarketCap, the global market cap is around $3.12 trillion, barely down 0.11%, so it’s not like we’re in an apocalypse, but also not for popping the champagne.
Now, the buddy Bitcoin has been moving between $88,608 and $93,160 in the last 24 hours. Around 9:30 AM UTC, it was flirting with $91,819, showing a slight increase of 0.55%…
I mean, showing signs of life, but nothing to celebrate.
And watch out: I’ve been keeping an eye on that movement like a mom watching her child at the first party, and the vibe is still bearish.
$BTC entered the “supply” zone between $91,500 and $92,000… and bam! immediate rejection.
Sellers are more intense than an ex checking statuses; they stop every bounce right away.
The real story is further down: the demand block $82,500–$82,000.
That level has saved $BTC several times this year, it’s like the strong cousin who always picks you up when you’re drunk… but dude, this time it’s coming with a momentum that’s scary.
If Bitcoin breaks below $82,000, hold on to whatever you can because it opens a direct path to the next liquidity puddle between $78,600–$78,400.
There, more than one is going to light candles, pray to the Child Jesus of Prague, and call the pastor, the shaman, and the economist at the same time.
In summary:
Today the market is not for tricks. Better to stay calm, because the one who rushes loses.
Wishing success to everyone.