#Bitcoin Weekly Outlook – Double Top Structure in Focus
On the weekly timeframe, $BTC appears to be forming a potential double top (M-pattern), a classic reversal structure that often signals trend exhaustion. Price has faced strong rejection near previous highs, followed by sustained bearish momentum, indicating increasing selling pressure at higher levels.
The 60,000–62,000 support zone is now critical. A confirmed weekly close below this range could accelerate downside movement and trigger a broader corrective phase. However, if buyers successfully defend this region, it may establish a strong base for consolidation and potential recovery.
This is a decisive technical area for Bitcoin. Market participants should closely monitor volume, structure, and higher timeframe confirmations before positioning.
$BTC
{future}(BTCUSDT)
$BNB & $HYPE long update 🌱
BNB is holding structure nicely after reclaiming the entry zone. Short-term trend is still intact, no real breakdown signs yet, so I’m staying in. That said, I’ve already moved my stop closer to entry to protect the position. Worst case it’s breakeven, best case we let it keep running.
HYPE reacted almost exactly as planned, bouncing from the level I was watching. Volatility is higher here, so I’m managing it tighter — considering partial take-profit and trailing the stop to lock in momentum instead of just hoping.
If you’re in these:
– Lock profits step by step 🔒
– Don’t let green trades turn red
– Trailing stop > blind conviction
{future}(HYPEUSDT)
{future}(BNBUSDT)
The majority of L1s say that they have resolved the trilemma.
PlasmaBFT with finality, however, is provided within less than a second, but with a still-small set of validators. On USDT, the paymaster pays the gas fee to avoid paying $XPL charges, desirable UX, actual subsidy charge. State bridges to Bitcoin through trust minimized bridge.
Now, performance later, decentralization. Whether later comes in time is the question. What is your concern with regards to the tradeoff in #plasma ?
@Plasma