BTC continues to trend sideways in the 4h frame, currently still moving within the range of 70k5 to 72k
In the H1 frame, structurally, it can be seen that BTC has made lower highs while RSI is weakening
This sideways trend has been maintained for almost 3 days since the strong recovery from the price range of 68k
The volume of red candles is slightly higher than green candles, indicating that the buying side has not increased momentum to push the price
strongly. The two bull factions are caught in a state of indecision with no clear trend.
Currently, the short plan when the price breaks and cannot hold above the price level of 70k5, the H1 structure confirms a price decrease is still active
Expect the price to drop back to the price level of 68k