Murphy|Aug 26, 2026 07:00
First sign of momentum weakening on the 24-hour chart!
On August 22, BTC hit $78,000, with realized profits peaking at $100 million in 24 hours. Later on August 22, BTC reached $80,600, but the peak was only $181 million.
Higher price, but no higher realized profits. Those of you who’ve been following my tweets should know what this means, right? Come on, say it out loud...
Yes! — It means momentum is weakening.
Normally, when prices surge, market activity should also heat up. Profit-taking occurs, funds flow in, and prices are pushed higher; this reflects strong demand.
On the flip side, if we see a “divergence during an uptrend,” it signals that the driving force is starting to weaken.
But “weakening” doesn’t mean an immediate “drop,” okay?
It could be broken by the next wave of demand or lead to a second divergence. This continues until prices stabilize but momentum significantly diminishes.
At least for now, what I’m seeing is a bit of resistance before $81,000.
Important to note: This is NOT a signal to short!
It’s just a heads-up that if this “small issue” gradually grows, those who missed the earlier rally should start paying attention and look for opportunities to hop on board.
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