MK
3.8K posts


This is unbelievable. $BTC pumped to $81,600 this morning liquidating $509M shorts! That's after $BTC dumped to $78,200 yesterday liquidating another $168M $677M total Crypto liquidations in 24 hours! Now, $81,500 - $84,000 above has sizable liquidity that could be swept - potentially leading to higher levels. However, $76,500 - $80,300 below has much larger liquidation clusters stacked up, making this the 'higher probability' zone to visit next - from a liquidity perspective. Bulls are dominating right now.



$BTC continues to underperform significantly compared to the stock market. In the short term, however, it is following the chart shared on Monday to the letter: consolidation at these levels could be healthy, especially if accompanied by a break above the structural lows (m low), which would pave the way for a bullish continuation. At present, price action on altcoins is insignificant: volumes are weak and the dynamics are unreliable, almost ‘noisy’. To trade with greater confidence, only one thing is needed: the return of genuine buyers and an increase in volumes. Only then can we expect clean price action and more solid opportunities.




$BTC update It would only be interesting if we were to break above the purple zone on the 4-hour chart Below that, I’m not particularly interested











