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I think people are feeling a bit too comfortable with this rise.
$BTC stands at 78,500 after that huge push from the 65,000 level.
If you look at the daily candles, we've just reached a local high at 79,400 and now we're seeing some consolidation.
Price action seems to be catching its breath, but the order book shows heavy selling pressure around a psychological barrier at 80,000.
Support remains solid around 77,000, but if we lose it, we might see a small candle drop quickly to fill some lower gaps.
Volume is good but not explosive, which tells me that the big players are waiting for a clear breakout.
I'm staying patient here—I don't want to get caught in a false move before the next phase.
What are you guys doing, looking to catch the breakout or waiting for a dip?