Multi-week #Consolidation can precede short-term relief rallies despite weak buy-side liquidity . Key resistance gauge 1W–1M #ShortTermHolder cost basis sits near $70K



±2% zone around this level $68.5K–$71.5K acts as major #Resistance and distribution zone recent buy#ers likely to exit near breakeven, capping any near-term recovery👀

#CrudeOilPriceRose
post-image
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.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
  • Pin