The market is telling a tale of exhaustion, but most traders are misreading the chapter. With BTC sitting right at the VWAP of $76,779 and a Long-Short ratio of 1.52, the crowd is overly hyped on Long positions. We're witnessing a bearish structure across BTC, ETH, and SOL as they all sit below the EMA 20, 50, and 200. SOL is showing signs of overextension with an LSR of 3.19, making it a tasty bait for sharks if the Longs get their liquidity swept.
$BTC 🟩⬜⬜⬜⬜ [Consolidating, needs to break $77k to regain momentum]
$ETH 🟥🟥⬜⬜⬜ [Weak, selling pressure remains heavy]
$SOL 🟥🟥🟥⬜⬜ [Too many Longs, high risk of being swept]
📅 WATCH TONIGHT:
- $BTC: $76.8k VWAP — must hold this region, otherwise, it could test $76.5k.
- $ETH: $2,120 HVN — rejecting this zone means bears continue to control.
- $SOL: $85 VWAP — losing this level triggers a liquidation chain.
What's your take for tonight's session: will $BTC close above or below the VWAP? Let’s discuss.
#BinanceVietnamSquare #Write2Earn $BTC $ETH $SOL #Layer1 #Blockchain
$BTC 🟩⬜⬜⬜⬜ [Consolidating, needs to break $77k to regain momentum]
$ETH 🟥🟥⬜⬜⬜ [Weak, selling pressure remains heavy]
$SOL 🟥🟥🟥⬜⬜ [Too many Longs, high risk of being swept]
📅 WATCH TONIGHT:
- $BTC: $76.8k VWAP — must hold this region, otherwise, it could test $76.5k.
- $ETH: $2,120 HVN — rejecting this zone means bears continue to control.
- $SOL: $85 VWAP — losing this level triggers a liquidation chain.
What's your take for tonight's session: will $BTC close above or below the VWAP? Let’s discuss.
#BinanceVietnamSquare #Write2Earn $BTC $ETH $SOL #Layer1 #Blockchain