📅 Today is Sunday, September 21st.
⏳ Two hours remain before the weekly close — and Bitcoin $BTC is still in range.
❌ The price failed to hold above 117,000.
✅ We’re above the previous all-time high, accumulating continues.
Possible scenarios:
– 📉 Downside breakout toward 112,000–112,500, probably even 102,000 with a quick bounce.
– 📈 Upward breakout: major resistance near 120,000.
📊 On the daily chart, price has been consolidating for about 10 days in a narrow range.
The breakout direction will set the tone for the coming week:
👉 Consider shorts above 120,000, longs near 112,000.
💠 Ethereum $ETH has been trading in a narrow range for six weeks.
The price is above historical highs, waiting for a breakout.
🎲 Chances up or down — about 50/50.
📈 Typically, after an upward wave and accumulation, the price continues to rise.
🔄 At all-time highs, a reversal rarely happens in one move. It generally comes after price tests key levels.
📊 On the daily chart, we’re still in range.
Best trades: shorts from upper boundary 4,800 and longs near lower boundary 4,290 as price returns into the range.
⏱️ Now we wait for this accumulation to resolve.
