Pai 🌲
Pai 🌲|5月 24, 2026 01:27
This week, $BTC pulled off an inverted V move. From Monday to Thursday, it slowly climbed up, hitting 78k on Thursday. Then on Friday, it tanked straight to 75.3k. Over $2.2 billion flowed out of ETFs in two weeks—if you tell me this isn’t institutions rebalancing, I won’t believe it. Over the weekend, Trump announced a peace deal with Iran, and $BTC bounced back from 74.3k to 76.7k. What’s next for next week? 79k is the key resistance level for this week’s consolidation, and it’s the best spot for shorting. There are a few things I’ll be keeping an eye on: 1. Whether ETF outflows can stop. $2.2 billion in two weeks is no small number. If outflows continue next week, don’t expect any decent rebound. 2. The 74k-75k range. Can it hold? If it breaks, the next real buying zone is around 72-73k, which was the high-volume trading area back in March. 3. Whether the Iran deal can actually materialize. The market is rallying on expectations now, but if negotiations hit a snag later, all those gains could be wiped out. Key takeaway: High-level consolidation forming a top, and a sharp drop could come at any time.
+5
Mentioned
Share To

Timeline

HotFlash

APP

X

Telegram

Facebook

Reddit

CopyLink

Hot Reads