BTC MARKET UPDATE — LIQUIDITY OR REVERSAL?
The recent $BTC C wick around $80K has definitely raised questions.
CPI data came in close to expectations, while Core CPI YoY remained higher than forecast. The overall data was neutral to slightly bearish — so the real question is:
Why did BTC create such a powerful upside wick?
My view is that this could have been a major liquidity move. The strong green candles created FOMO and fresh exit liquidity, allowing bigger players to secure positions above the $79.5K area.
Now, keep these dates on your radar:
15 SEPTEMBER
Clarity Act decision — currently carrying high rejection expectations.
16 SEPTEMBER
Fed rate decision — markets are watching closely for a possible 25 bps move.
18 SEPTEMBER
BOJ rate decision — another potential source of volatility for global markets.
KEY BTC LEVELS
Technically, $76,700 is the important confirmation zone.
A strong close below this level could open the path toward $69,000.
But there is another level we cannot ignore:
$83,000
If BTC retests that wick and fails again, it could become another major liquidity event, with $64,000 becoming a deeper downside target.
For now, volatility is likely to remain high.
BTC scalp remains in profit, currently above a 1:2 risk-to-reward setup.
And $ETH TH?
After that strong bullish move, I’m watching for a possible return toward the area where the previous major move started.
Stay sharp. Watch the dates. Watch the levels.
What do you think — liquidity grab or the beginning of a bigger reversal?
The recent $BTC C wick around $80K has definitely raised questions.
CPI data came in close to expectations, while Core CPI YoY remained higher than forecast. The overall data was neutral to slightly bearish — so the real question is:
Why did BTC create such a powerful upside wick?
My view is that this could have been a major liquidity move. The strong green candles created FOMO and fresh exit liquidity, allowing bigger players to secure positions above the $79.5K area.
Now, keep these dates on your radar:
15 SEPTEMBER
Clarity Act decision — currently carrying high rejection expectations.
16 SEPTEMBER
Fed rate decision — markets are watching closely for a possible 25 bps move.
18 SEPTEMBER
BOJ rate decision — another potential source of volatility for global markets.
KEY BTC LEVELS
Technically, $76,700 is the important confirmation zone.
A strong close below this level could open the path toward $69,000.
But there is another level we cannot ignore:
$83,000
If BTC retests that wick and fails again, it could become another major liquidity event, with $64,000 becoming a deeper downside target.
For now, volatility is likely to remain high.
BTC scalp remains in profit, currently above a 1:2 risk-to-reward setup.
And $ETH TH?
After that strong bullish move, I’m watching for a possible return toward the area where the previous major move started.
Stay sharp. Watch the dates. Watch the levels.
What do you think — liquidity grab or the beginning of a bigger reversal?
