☕️ Scalping - $BTC - H1 on April 10th

Technical analysis from Wyckoff + SMC perspective on $BTC H1 chart - 4 basic factors:
🔍 1. Current trend (Trend)
- Previously had a strong markup phase from 67k → 72k
- Currently: price is sideways at the top
- Short-term trend: Still bullish, but slowing down (consolidation)
👉 Conclusion: Uptrend but accumulating at high levels
🧩 2. Price structure (Market Structure)
On the chart: full sequence: Accumulation → BOS → impulsive move
Current zone: Presence of BC (Buying Climax) + ST
Followed by: AR → ST → sideways range
👉 Current structure: Re-accumulation (re-accumulation) at the top, no signs of major structure break (not breaking HL)
💸 3. Money flow behavior (Smart Money Flow)
- Volume spikes during push phase → confirms smart money pushing the price (SOS)
- Then: volume gradually decreases during sideways → signs of supply exhaustion (absorption)
- Notable zone: 70.8k – 71.2k: demand / OB --> Above 72k: liquidity pool (equal highs / weak high)
👉 Insight: Sharks tend to keep the price high to absorb supply, possibly preparing for a breakout
🎯 4. Trading strategy insights (reference):
🔵 Main scenario: Buy on re-accumulation
- Entry: 70.8k - 71.2k zone
- Conditions: Signs of holding price / spring / sweep
- Target: 72.5k → 73k+
👉 This is a trend-following trade with good risk-reward
🟡 Breakout scenario
If price: Breaks strongly above 72.5k
Possible:
Retest → Continue buying on SMC
🔴 Bad scenario
- If breaks below 70.5k → breaks HL structure → potential shift to distribution
👉 Then: - Price may return to the demand zone below at 68k
Summary:
- Trend remains upward - but currently consolidating for continuation
- Avoid FOMO at the top, wait for demand zones to buy
- Sharks haven't sold yet - they are accumulating at high levels