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🚨 $BTC just pulled a classic head-fake. Is this the trap?
Seriously, look at this 1-hour chart on Bitcoin.
We ripped up to $93,555. That was a big move, but the red candle that followed was brutal. It swallowed a ton of the gains.
Right now, $90,316 is the price, and it's trying to find footing around the $89,990 support level.
The big wick on that last red candle shows sellers came in hard to reject that higher price, but the buyers are fighting back to hold $90k.
If $89,990 breaks, we're likely heading back to retest the $89,260 lows. That's the real floor I'm watching.
The 訂單簿 is showing way more supply on the Ask side (80.82%) than the Bid side (19.18%). That tells you where the resistance is stacked up.
Need to see a convincing green candle close above $91,880 to feel safe again. Until then, stay nimble.
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