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LedgerBull

$BTC showing short-term consolidation after rejection from local highs.


Buyers attempting to regain control, but structure remains range-bound on lower timeframes.

EP
74400 - 74750

TP
TP1 75050
TP2 75400
TP3 75800

SL
73950

Price tapped liquidity near 74.5k and bounced, showing demand stepping in. However, weak follow-through suggests chop before expansion. Break above local resistance could trigger upside continuation, while losing support may shift momentum bearish.

Let’s go $BTC ‌
BTC-2%
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StopRaisingGasFees.
· 17h ago
It feels more like a shakeout; let's wait until it hits 75k before discussing further.
View OriginalReply0
GlassDomeUniverse
· 23h ago
I hope for a straightforward breakthrough; my mood has been worn down after a whole day of turbulence.
View OriginalReply0
GasfeeComplainer
· 04-17 21:12
Weak follow-up = frustrating market, don't get chopped up back and forth on small timeframes, wait for a clear direction.
View OriginalReply0
RugCheckSkeptic
· 04-17 14:10
74.5k That dip-and-retrace looks a lot like absorption, but if the volume can’t keep up later, even pushing to 75,050 might just get it done.
View OriginalReply0
DepegDaydream
· 04-17 10:04
SL 73950 is still reasonably acceptable; recently, with this kind of fluctuating liquidity back and forth, you really can't hold up without a solid stop-loss.
View OriginalReply0
VinesCoiledIntoGeometricShapes
· 04-17 06:33
The EP range is quite detailed, with 74.4-74.75. This zone is indeed a critical battleground.
View OriginalReply0
SushiBackrunner
· 04-17 06:27
I was originally planning to go long, but seeing the range-bound situation, I hesitated and decided to wait and see.
View OriginalReply0
QuantumLittleTomato
· 04-17 06:24
The top is rejected and the structure hasn't been repaired yet. You can try low-leverage small positions, but don't go all-in with heavy positions.
View OriginalReply0
GateUser-de0b9e3b
· 04-17 06:24
Range-bound fluctuations are too real; wait for a breakout before chasing.
View OriginalReply0
ProofOfSnack
· 04-17 06:23
If it falls below the 74k lower boundary, it becomes risky, and the short-term trend is likely to turn bearish.
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