BTC holding $60,475 after that wild weekend swing from $58,900 to $60,746. Price is basically stuck in no man's land right now - RSI at 50.25 tells you nothing, MACD is bullish but volume is pathetic at 0.43x average. OBV trending down which means the buying pressure isn't there to back up the green candles. Gold at $4,045 still elevated, tells you the Iran-US talks tomorrow are keeping safe haven bids alive. FTSE 100 slightly red, miners getting sold. That's not a risk-on signal. The big story is the weekly ETF outflows hitting $1.8B. That's serious. Institutions dumping BTC and ETH ETFs but still buying XRP and HYPE selectively. China just injected $44B via reverse repo which is interesting for liquidity but one injection doesn't make a trend. Fear & Greed at 12 - extreme fear. Usually that's contrarian bullish but we need to see actual follow through. Bitcoin's biggest ETF (IBIT) is acting as a sell wall now. That's a problem bulls need to solve. S&P 500 futures are flat, dollar index steady. Nothing screaming direction. My take: Too many mixed signals. Volume is weak, resistance at $60,707 is very strong, and we're waiting on geopolitical talks. I'd rather wait for a clean break above $61k with volume or a retest of $59.6k support before getting active. What's your play - waiting for the breakout or buying this dip?
⚠️ Personal analysis, not financial advice.
#Trading #Binance #Bitcoin #Ethereum #Crypto
--
Disclaimer: My personal analysis, not financial advice. DYOR.
⚠️ Personal analysis, not financial advice.
#Trading #Binance #Bitcoin #Ethereum #Crypto
--
Disclaimer: My personal analysis, not financial advice. DYOR.