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#GateSquareAIReviewer i need your 3 minutes of attention, guys please read this carefully. The movement of almost all hot coins currently depends on what $BTC does next. Right now, it looks like $BTC has formed a fake breakout above the resistance zone and is starting to show rejection from this level.
If a proper pullback begins from here, there is a strong possibility that $BTC could revisit the $69,000 support zone. In that scenario, you should look for short opportunities with proper confirmation. There is also a chance that downside momentum starts directly from this rejection area without any major upside continuation.
Watch the reaction around this resistance very closely. If volume increases on the downside and structure starts breaking on lower timeframes, the correction could accelerate quickly. Trade smart, wait for confirmation, and manage your risk properly this next move from #bitcoin will decide the direction of the entire market.