$BTC
BTCUSDT
Prep
88,359.2
-0.02%
is coming down.
ETHUSDT
Prep
3,012.82
+0.21%
is holding up nicely, which is great.
There are 3 zones for me of interest and all of them have a non-zero chance of happening.
1 - Sweep of $87.8K and bounce back upwards. Given the fact that there's a CME Gap to $90.4K, I would suggest that this level has the highest percentage of happening.
2 - The sweep at $83.8K, I don't give this the highest chance of happening, as I think that we'll likely just go all the way down towards the lows if markets are providing this trend.
3 - A double bottom retest.
Technically, if $86-87K doesn't hold as support during this correction, then we're likely going to be getting that double bottom retest as a present.$BTC