2026-04-10 03:38:17

$BTC is trading around 71,903 USDT right now.

For me the real question is whether this is a good place to act at all.

If I have to pick a side, I lean toward: more chop first, then lower
Here is why I say that:
First, upside follow-through is not convincing after the latest push
Second, price is trading too close to resistance for comfortable longs
And one more thing: If 5m reclaims key resistance or 15m reclaims the sweep high, the short thesis is damaged.

Entry zone I would watch: 72,478 USDT
Initial take-profit area: 68,164 USDT
Level where the idea is wrong: 74,203 USDT
Biggest risk here: late sellers getting trapped by a reclaim

If you had to act here, would you lean long, short, or just wait?
$

BTC1,48%

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.