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I think people are getting a bit too comfortable with this rally.
$BTC is sitting right at 78.5k after that massive push from the 65k level. If you look at the daily candles, we just hit a local peak at 79.4k and now we’re seeing some consolidation. The price action looks like it's catching its breath, but the order book is showing a lot of sell pressure around that 80k psychological barrier.
Support is holding well around 77k, but if we lose that, we might see a quick wick down to fill some of those lower gaps. Volume is decent but not exploding, which tells me the big players are waiting for a clear break. I'm staying patient here—don't want to get trapped in a fakeout before the next leg.
What are you guys doing, longing for the breakout or waiting for the dip?
#WCTCTradingKingPK