$BTC :# is sitting in a zone where things could get very interesting. 👀
The recent red candles are shaking confidence, but that’s often where the market quietly sets up its next real move.
So far, price has already swept the downside, support is reacting, and late shorts are starting to look a bit overcrowded.
This is shaping up like a solid reversal setup.
Long BTC at current market price TP: $67,900 SL: $60,580
I’m not following the crowd here — I’m following the fear. Now let’s see how Bitcoin responds.
A quick reality check though: on Binance right now, BTCUSDT is trading at $60,899.27, down about 1.66% over the last 24 hours. Today’s range has been $59,130.91 to $63,259.90. Your stop at $60,580 is very close to current price, so this setup is quite tight.
$BTC : -5.5% — Bitcoin fell below the $60,000 level during the recent sell-off, marking one of its weakest weekly performances since July 2024 as broader market liquidation intensified.
$ETH : -11.1% — Ethereum saw even steeper losses, dropping toward key support zones and increasing liquidation pressure across leveraged positions, with roughly 343,075 ETH at risk.
Right now on Binance spot, BTC is trading at $60,994.00, down about 1.4% over the last 24 hours, with a daily high of $63,259.90 and low of $59,130.91. ETH is at $1,571.00, down about 5.1% over the last 24 hours, with a high of $1,690.07 and low of $1,505.68. #BTC # #USDTMarketCapOvertakesEthereum