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🚨 BTC Trading Snapshot – July 17
📉 Price: $118,038
🔻 -0.66% in last 24H
📊 24H High/Low: $120,072 / $117,460
📈 24H Volume: 8.53K BTC | Turnover: $1.01B
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🧠 Strategy Insight: “Smart Flow Dictates Smart Moves”
1. 🔄 Volatility Watch:
BTC attempted a breakout at $120K but faced resistance. Short-term candles now showing selling pressure. Watch $117K as immediate support. If broken, we may retest $115.8K zone.
2. 💸 Fund Flow Shift:
Inflow: $2.79B
Outflow: $2.87B
🔴 Net Flow: Negative — showing distribution by whales, especially large outflows (-$985M)
🟢 Retail inflow still strong, but smart money is exiting.
3. 🧭 Market Behavior:
MA5 < MA10 < MA30 → Bearish short-term alignment
RSI cooling off → entry opportunity may come below $117K
4. 📍 Trade Strategy (Short-Term):
⚠️ Scalp Shorts: Between $119.5K–120K
🛑 SL above $120.5K | 🎯 Target: $116K
🟢 Long Setup: Only if bounce confirms from $117K with volume spike.