🔴 Bear Incoming? $BTC Momentum Slowing — $ETH
On Watch
is stalling. On the 1h chart, price is stuck between 111K–112K, rejecting resistance multiple times. Long wicks + thinning volume = buyers fading, sellers stepping in. EMAs are flattening, momentum cooling.
Key drags:
🚫 Repeated rejection at 112K
⚖️ Funding rates cooled off
🌍 Macro risk-off sentiment
🐋 Whales hedging & shorting
Meanwhile, ETH slipped from 4950 → 4530–4550, with bearish EMA alignment. All eyes on the $5B ETH options expiry tomorrow, a volatility magnet that could shake the market.
⚠️ If BTC loses 110K, deeper support zones could open fast. With ETH expiry in play, downside risk looks heavy.
👉 Charts are flashing warnings — this is not the time for blind optimism.
