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, Been a few days and price hasn’t really done anything.
On the LTF it looks a bit distributive, but overall and it’s still just chopping inside the range. No break. No real decision.
Short term I expect more of the same.
$BTC .D has been weak, which is why a few alts have been able to run. A lot of those charts still look clean, so if BTC tags the discount / RL zone properly, that bounce should give them another leg.
I’m looking for longs around $77.5–$76.8. Same area we mapped last week.
Until then BTC is mid-range. No reason to force it. Just watch.
#BTCUSDT