$ETH $BTC literally relateable. . 😅😂 | SadafAmbreen86 on Binance Square

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$ETH $BTC literally relateable. . 😅😂

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BTC

112,459.13

-2.04%

ETH

4,590.19

-7.05%

8

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@SadafAmbreen

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$BTC I'm expecting more corrections in market. Everyone is on long mood again and again and market will give them a good profit soon I see the Binance BTC/USDT daily chart . Let’s break it down with some technical updates and a possible next move expectation: 🔎 Current Market Update: Price: 111,151 USDT 24h Range: 110,680 – 114,917 Trend (1D): Downtrend in the short term (lower highs, lower lows after 124,474 peak). Support Levels: Strong support near 110,600 – 111,000 (already tested). Next major support around 108,400 – 109,000. Resistance Levels: Immediate resistance: 114,200 – 115,000. Stronger resistance: 118,500 – 120,000. 📊 Indicators: MA(5) and MA(10) show a bearish crossover (short-term weakness). Volume: Sellers are stronger than buyers in the past few candles. Market Sentiment: Last 30 days are negative (-4.22%), but long-term trend (180D, 1Y) is still bullish (+27% and +73%). 📌 Expected Next Move: Scenario 1 (Likely Short-term Bearish): If BTC breaks 110,600 support, it may fall towards 108,500 – 109,000. Scenario 2 (Possible Rebound): If support at 111,000 holds and buyers step in, price may rebound back to 114,000 – 115,000 range. ✅ My Take: Short-term: Weakness still visible (downtrend pressure). Mid-term: As long as BTC stays above 108,000, the broader bullish structure is safe. Traders: Be cautious with leverage here—wait for either a support confirmation (bounce) or breakdown (below 110,600) for clarity.

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how bullish is this?

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how high it will go

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any tp? my entry is 0.7018

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