BTC 4h Update BTC still holding above the new midrange, but price action looks heavy. Selling pressure remains strong, and inflows into exchanges are rising — whether that’s for spot selling or using BTC as margin for coin futures remains to be seen.
For now, anything below the midrange is a short zone for me. A lower high before further downside wouldn't surprise me, but as I told you I’ve already derisked from some alts 2 days ago, in case we get another breakdown from here.