๐ BTC RISES TO 110K, STARTING TO GET TIRED? TIME TO BE ALERT FOR A CORRECTION? โ ๏ธ๐ฅ
Bitcoin has already touched the figure of $110,000 ๐ฑ
But after that... signs of exhaustion appear immediately ๐ด
Is this the time for BTC to start falling?
Or is it just a brief pause before continuing to rise again? Let's analyze it together ๐
โ
๐ WHAT'S HAPPENING IN THE MARKET?
๐ BTC bounced when it touched $110K โ this area often becomes the upper limit
๐ Technical indicators like RSI are already showing 'overbought'
๐ Buyer volume is starting to decline = upward momentum is getting weaker
๐ Candlestick is starting to show signs of selling pressure
What does that mean? The potential for correction is getting larger ๐
But that doesn't mean it will definitely fall deep, okay! Still need to watch the next movements ๐
โ
๐ง WHAT'S THE STRATEGY?
๐ For those good at trading: you can start looking for short opportunities, but don't guess randomly!
๐ Set a stop-loss to avoid getting trapped
๐ Correction targets could be $105K, even $102K if the pressure is strong
๐ Don't be too greedy, focus on your own plan โ
If you're the HODLer type or someone who buys in installments: corrections like this can actually be an entry opportunity ๐
โ
๐ก THE CONCLUSION:
๐น BTC has risen high, corrections are normal
๐น Reaction at $110K makes the market start to hesitate
๐น Shorting can be done but requires discipline
๐น Long-term investors can take advantage of this for DCA
The important thing: don't FOMO, don't panic, stay calm & look at the chart ๐งโโ๏ธ#Tradersleague #BTC110KSoon? #TrumpTariffs #BinanceAlphaAlert