Order flow and volume show a thick liquidation cluster between 94k and 97k. Lots of leveraged longs and targets sit there. Market structure favors a sweep into that zone to trigger them, currently rejected from MA50.
Holding my long swing. Soft invalidation below 84k, hard stop at 82k. Short-term target is 94k.
The plan is to ride into that 94k–97k range to take the liquidity. After that sweep, expect a reversal and a drop down toward 75k to print a major bottom. That becomes the next high-probability entry for longs again to accumulate for long-term.
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$BTC
Order flow and volume show a thick liquidation cluster between 94k and 97k. Lots of leveraged longs and targets sit there. Market structure favors a sweep into that zone to trigger them, currently rejected from MA50.
Holding my long swing. Soft invalidation below 84k, hard stop at 82k. Short-term target is 94k.
The plan is to ride into that 94k–97k range to take the liquidity. After that sweep, expect a reversal and a drop down toward 75k to print a major bottom. That becomes the next high-probability entry for longs again to accumulate for long-term.