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TheBuzzingBee

#Bitcoin is around $75K, stuck between support ($74K) and resistance ($76K).


Market today is sideways, with low momentum and no clear breakout yet.
Buyers are strong, but sellers keep rejecting higher prices.
Likely outcome today: range trading, unless $76K breaks → bullish move.

$BTC ‌
BTC4,73%
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GateUser-eb706989
· 3h ago
Within the range, I only do buy high and sell low: reduce near 75.8, buy near 74.2, and set proper stop-loss.
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MoonlightMineralWater
· 3h ago
It is indeed stuck within the range.
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ReboundAtTheStreetCornerAfter
· 3h ago
Basically, it's about whether 76k can break through and hold, or else just keep grinding until everyone loses patience.
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OrigamiVolcano
· 3h ago
Today, there's a high probability of accumulating within the range; wait until the US market volume picks up to see if there's a breakout signal.
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ExitLiquidityPoet
· 3h ago
A sideways market is just giving away money in fees; for short-term trading, either hold a small position or stay still.
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MoonlightColdWallet
· 3h ago
The selling pressure has been smashing above 76k all along; it seems we need a big rally plus increased trading volume to break free from this sideways consolidation.
View OriginalReply0

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