cryptoknowledge

🪙 $BTC 4H Analysis

Bitcoin continues to show weakness, and last night sellers returned to the market. Meanwhile, Ethereum is holding up much stronger.

Current Outlook:
No sharp drop ("knife") or bounce has occurred for BTC yet, suggesting the current correction may continue until this happens.
I’m eyeing the 90k level as a key threshold:
If breached, it could trigger a deeper correction toward 77k.
However, it’s not guaranteed that this level will break on the first attempt—or at all.
Potential Strategy:
A bounce is likely to occur to capture liquidity before a true breakdown happens.
Look for an entry on the bounce around the 89.9k level for a short-term play.
This setup offers an opportunity to ride the liquidity grab before any significant directional move. Monitor closely!