Max Trades|9月 11, 2026 19:32
BTC
Price is already trading back at the lows.
Today we first saw an aggressive selloff where BTC took out the lows, followed by an explosive reaction that pushed price roughly 5% higher.
However, most of that entire move has already been retraced.
For now, we’re back at our most important support, where another bounce is always possible. But considering how quickly that upside move was reversed, I wouldn’t really consider the reaction bullish.
Spot also continues to sell, which isn’t what you want to see in a situation like this.
Now that we’re heading into the weekend, I don’t really expect any major moves until late Sunday/Monday. Until then, we’ll have to see how price reacts around this support.(Max Trades)
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