đ BTC RECLAIMS $87K â RELIEF RALLY OR BULL TRAP? đđ»
Bitcoin just bounced from the lows and is now trading at $87,300, recovering slightly (+0.8%) from the hourly drop. đâ
Ethereum is also holding the line at $2,855, refusing to break the critical $2,800 support.â
The panic sellers got flushed at $86.6K, and now we are seeing a relief bounce.
However, we are NOT safe yet. â ïž
For this to be a true reversal, BTC must reclaim and close above $88,500 on the 4H chart. Until then, this could just be a "Dead Cat Bounce" before another leg down.
đ§ Â My Read:
The "Smart Money" is scalping these $500â$800 moves while retail traders get chopped up. Volatility is skyrocketing ahead of the daily close.
đ YOUR NEXT MOVE?
đ
°ïžÂ Longing the Bounce (Targeting $88k+) đ
đ
±ïžÂ Shorting the Resistance (Targeting $85k) đ
Drop your pick (A or B) below! đ
â ïžÂ DYOR: Not financial advice. Trade at your own risk.
#Bitcoin #CryptoNews #MarketUpdate #Write2Earn
â ïžÂ DYOR: Not financial advice. Trade at your own risk.


