$BTC {currencycard:futures}(BTCUSDT) ‌— BULLISH ST | CryptoJourney1 on Gate Square

‌— BULLISH STRUCTURE REMAINS, BUT MOMENTUM IS SLOWING

Bitcoin is up 6.20% today, currently trading at $72,740. The price is holding above the 24h low of $68,500, but momentum is starting to slow. The structure is still bullish, but mixed whale activity suggests some uncertainty at current levels. Stop-Hunt probability sits at 60%, with sell-side liquidity being targeted.

If you are LONG:

· Take partial profits near $73,500 — $74,000.
· Move stop-loss to breakeven or below $72,000.
· If price breaks above $73,500 with volume, consider adding.

If you are SHORT:

· High risk. Short only if price shows clear rejection at $73,000 — $73,500.
· Tight stop above $74,000. Targets: $71,500 and $70,500.

If you are watching:

· Wait for a confirmed breakout above $73,500 with volume or a pullback to $72,000 for a better entry.

Then vs. Now: BTC was trading near $68,500 just hours ago — now it's pushing $72,740. The move is strong, but low volume suggests caution. Let the market confirm the next move before committing.#ETHSurges20%BreaksThrough2300

This page contains third-party content and does not constitute any advice, nor does it represent Gate's endorsement of such views. For details, please see disclaimer.

BTC-2.15%

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RoyaltyTears

2026-08-23

This market is really testing one’s patience—still a bull-market structure, but with declining volume; it looks weaker, yet hasn’t broken below support. All this back-and-forth is just a shakeout, so I might as well stay lightly positioned and watch from the sidelines, waiting for volume to speak.

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ACalmnessWithAHintOfPomelo

2026-08-20

A slow rise is healthier than a sharp pump. This low-volume rally seems superficially strong but weak underneath. Watch the support around $72,000 tonight; if it breaks, the price may return to $71,000 to find support.

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InflationHedger

2026-08-20

As planned, I’ve placed a take-profit order around 736. I’m securing some profits and letting the rest ride for a breakout. With a stop-loss in place, there’s no need to panic.

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StableHunter

2026-08-20

Short sellers, don’t be stubborn at this level. The blogger has a point in saying the risk is high. If you want to short, wait until the hourly candle closes with a clear upper wick first; the resistance above 74 is extremely strong.

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GasDetective

2026-08-20

This surge to $72,000 is indeed strong, but with volume failing to keep up, it feels a bit shaky. Don’t rush to chase the rally—wait for a pullback to $72,000 for confirmation before deciding.

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SpotMountain

2026-08-20

I’m in the wait-and-see camp; until 7,354 is reclaimed with volume, I’ll stay on the sidelines. If it can retest 72,000 and hold, that would be a comfortable entry point.

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OptionFox

2026-08-20

Whale activity is truly chaotic, with both longs and shorts testing the market. At this point, it’s better to miss out than open a position recklessly—wait until the direction is clear before taking action.

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XrpOap

2026-08-20

The blogger’s position-reduction strategy is very practical. I sold half around $73,000 and moved the stop-loss on the rest to the breakeven price. At least I can’t lose now, so I’m staying calm.

10View Original

AssetIsolator

2026-08-20

First Review

This move from 685 to 7,274 is strong enough, but trading volume hasn’t followed—could this be a bull trap? As I said, don’t dream of new highs unless 7,350 is broken with a surge in volume.

10View Original

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