{"content":"$BTC  is now sitting at the most important Fibonacci retracement level on the daily chart. The next few hours are crucial, if BTC loses the $108K level, the next target would be $98K, which lines up with the 100% retracement “refuge” of the previous bullish phase. Since the rejection at ATH, I’ve been fully prioritizing shorts across the market. And if Bitcoin breaks below the 0.618 Fib, I expect several weeks of sideways action and red candles, where the best setups will continue to be on the short side. {future}(BTCUSDT)","images":["https://d2kdcqywr8ua22.cloudfront.net/uploadfile/article/blog/2025082025/08/29/b6bebd4571114cfa82e9f70922d7fd8b.png"],"tags":[],"tradingPairs":["BTC/USDT"],"quotearticleid":0}