Max Trades|Sep 03, 2026 13:56
BTC
This is where things get interesting.
Price is currently retesting the monthly open alongside an important resistance area.
If BTC manages to reclaim this level, structure would shift back in favor of buyers, making the highs around $81K our new main target.
Considering that this pump is being supported by genuine spot demand while shorts are getting forced out of the market, the move looks relatively healthy so far.
However, we still need to break back above $79.2K, which will require additional buying pressure from here.
For now, I’ll closely observe the reaction at this level. If price continues to reject and closes back below the monthly open, I’ll look for confirmation on LTF and consider another short.
Should BTC, on the other hand, continue showing strength and reclaim this key resistance, I’ll start looking for long opportunities instead.(Max Trades)
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