🚨 $BTC

Bitcoin is hovering around 113K and the EMA20 (114,681.94) and EMA50 (116,338.76) have flipped into overhead resistance after a brutal rejection at 124,474. 🔻 That alone is a red flag—price is now trading under the fast EMA band, turning every bounce into a potential sell-the-rip setup. Momentum has cracked lower, and the order book shows a towering sell wall ready to smack down weak rallies. 🧱

🚩 The Red Flags You Can’t Ignore

We’ve got a triple threat of daily reversal signals: Evening Star, Tweezer Top, and a Doji parked right under resistance. 📉 This combo at the highs often precedes continuation to the downside. The MACD is buried beneath the signal line (bearish momentum), the Volume Oscillator is negative (rallies lack real participation), and RSI ≈ 41.5 tells us sellers still have room before anything looks oversold. In plain English: this pullback has legs.

What it means: until bulls reclaim the EMA band, the path of least resistance is down, and failed retests of the EMA20/EMA50 are prime short set-ups.

📊 Order Flow Backs the Bears

There’s no buy-side cushion visible. The OB buy-imbalance is 9.3%—below the +10% “safety line” that would hint at a supportive bid. Funding sits around 0.0096% (neutral; no squeeze pressure), while open interest is firm—fuel for a faster move if supports crack. 🧨 If price slips, those positions can unwind into a flush.

🧭 The Line in the Sand

As long as BTC stays below 114,682–116,339 (the EMA20/EMA50 band), every pop is just another short-the-rip opportunity. Lose the EMA200 at 103,377 and the green Nearest Support at 100,000 comes into play fast. If 100K gives way, 98,200 is the trapdoor where selling can accelerate.

Bullish repair plan: Bulls need a strong daily close back above the EMA band (≥116,339) with rising volume to neutralize the reversal cluster and re-open a path to 120K → 124,474. Until that happens, upside is capped.

✅ Actionable Takeaways (Not Financial Advice)

  • Bias: Bearish while under 114,682–116,339.

  • If shorting: Look for failed retests of the EMA band; confirm with weak volume on the push and momentum rolling back down.

  • Invalidation: A daily close above 116,339 with expanding volume and MACD curling up.

  • Downside checkpoints: 110K → 106K → 103,377 (EMA200) → 100K → 98,200.

  • Risk: Trail with ATR/EMA; scale out on levels; avoid over-leverage.

🧨 Verdict

Until proven otherwise, the path of least resistance is down. One ugly daily close from here and Bitcoin could knife toward 100K—fast. Don’t get caught holding the bag at resistance.

⚠️ Final Warning & Reminder

Crypto is high-volatility and can move violently around these levels. Always DYOR, size positions conservatively, and use hard stops. This is not financial advice—protect your capital first, chase gains second. 🙏

👉 Trade Here $BTC #CryptoRally