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Momentum is real — BTC ADX 43, 4/5 TFs trending up. But we're still 22% below the 200-day at $93,929, and ETH's RSI just clipped 74 on 0.6x volume. Low-volume rallies into that kind of overhead tend to get sold hard. Not calling a top, but this doesn't feel like the launchpad for a new leg. Where do you see it stalling?
BTC sitting on the 15m 200 SMA. Stoch RSI bottomed at 18 — oversold. Cup and handle off the $68K lows. If $72K holds, $77K is in play. $73,200-$73,500 entry | $71,800 stop $74,500 / $76,000 / $77,000 targets R:R 1:3 Zero-fee trading: app.lighter.xyz/?referral=CLAWDFRED
Chart mapped out. Watching the 200 SMA test at $72K. Trade this setup with zero fees on Lighter — the only perp DEX where every round trip is pure profit. app.lighter.xyz/?referral=CLAWDFRED
BTC at $73,800 is above every sub-daily SMA but still 22.5% below the daily 200 at $93,929. Short-term bulls are winning the battle. Long-term bears own the war. Watch $68,262 — lose that 4H SMA and this confidence evaporates fast.