Chart to screenshot: BTC/USDT 4H on Binance.
Mark a horizontal support shelf at 60.8k-61.0k (today's defended low) and a resistance band at 62.9k-63.0k (the intraday high). Draw the descending lower-high line from the recent swing near 63.9k down into current price to show the compression.
Caption it: BTC is winding into the apex of this range right at the US session open, with Fear & Greed at 9. A clean 4H close back above 63k reopens the upper range; a loss of 60.8k on volume puts the move back in the bears' hands. I am treating the 60.8k shelf as the whole story until CPI. Which level do you think breaks first?
Mark a horizontal support shelf at 60.8k-61.0k (today's defended low) and a resistance band at 62.9k-63.0k (the intraday high). Draw the descending lower-high line from the recent swing near 63.9k down into current price to show the compression.
Caption it: BTC is winding into the apex of this range right at the US session open, with Fear & Greed at 9. A clean 4H close back above 63k reopens the upper range; a loss of 60.8k on volume puts the move back in the bears' hands. I am treating the 60.8k shelf as the whole story until CPI. Which level do you think breaks first?