RED.eth
151 posts

RED.eth
@redeth_
#Web3 enthusiast decoding crypto’s chaos. Holder of conviction, believer in builders, and storyteller shaping narrative around blockchain and decentralization..


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$BTC has printed 4 higher lows since February. The market is telling you something. For now, the breakout is holding. and we're now sitting right at $74K, the first real resistance level before $85K comes into play. The rising trendline is still intact underneath and every pullback has been bought. That's the structure. $97K has rejected price four times now, but we're not having that conversation yet $85K is the next stop and I expect that's where we get the first meaningful test. As long as we hold $74K on a close, the structure stays bullish. Lose it and I'd expect a retest of the trendline around $70K–$71K before another attempt higher.

