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Wait, did we just trap the late bulls?
Looking at this $BTC daily, that rejection at 78.3k was pretty nasty. We wicked way above the previous highs and immediately got sold back down into the 74k range.
The volume on this pullback isn't massive yet, but the candle body closing lower is a bit of a red flag for the "up only" crowd. We’re sitting right on a minor support level now, but if 74.6k doesn't hold through the night, I’m looking at 70k as the next real logical spot to find buyers.
I'm staying patient. Usually, when everyone starts screaming about new all-time highs, the market likes to take a breather and flush out the over-leveraged longs first.
Watching the order book closely. If we don't see a bounce soon, things might get a little shaky for a few days.
#WCTCTradingChallengeShare8MUSDT