@arawanofficial
$BTC
In my last market update, I suggested that a reversal of the $108,700 gains could trigger a surge in BTC—and BTC has indeed done just that. This move sets the stage for a potential bullish surge. As the monthly close approaches, market attention turns to the CME gap at $116,000, which BTC could potentially fill completely.
The CME closed at $107,800, with a theoretical $2,000 gap above. This increases the likelihood that BTC will revisit its lower lows before the new monthly open, potentially setting up a retest.
However, traders should remain vigilant. With a three-day weekend approaching, this setup could easily become a trap for short sellers to enter before the market decides on its next major move.
$BTC Spot (BTCUSDT)
$ETH Spot (ETHUSDT)
$BNB Spot (BNBUSDT)
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