#BTCUSDT
$BTC / #USDT - TA of the Day 📊
And the 4H EMA200 didn't hold anymore... After the deviation back into the range, this is the second sign of weakness.
In terms of market structure, we are still in bull's territory, as we are still making a higher low.
In terms of the range, we are holding the range low (support).
When should we start to worry?
Upon losing the range and breaking the market structure bearish.
AKA losing the $41.5K level is when we should start to get worried..
Ideally, you want $BTC to chop around these levels and have $ETH and ALTs catching up big time.