So far, price continues to respect the downtrend, forming lower highs and lower lows.
After the recent rejection from the local resistance area around $64K, price has now printed equal lows.
Most of the time, when we see equal highs or equal lows, price tends to revisit these levels sooner or later to take out that liquidity. I don't expect this time to be any different.
While one more move to the upside to sweep the recent high before reversing is definitely still possible, I believe the overall downtrend will resume and we'll see a sweep of the main liquidity cluster that is still sitting below.#BTC #CoinbaseBTCPremiumNegative77Days
Der Preis von AVAX korrigiert in Richtung der 4-Stunden-FVG-Zone zwischen 6,200 $ und 6,320 $. Wenn der Preis diese Zone erreicht und eine Reaktion zeigt, wird ein neuer Aufwärtstrend entstehen. Das wichtigste Ziel der Rallye ist die Liquidität beim vorherigen Hoch von 6,840 $. #ColdcardExploitDrains1367BTC #AVAX✈️
Although price has already pushed lower quite a bit, most of the liquidity still remains below.
Price is currently trading in a clear downtrend with lower highs and lower lows, which is why I'm expecting price to clear out the remaining liquidity below before we see another bounce.
As long as BTC remains in a downtrend, I'll continue looking for short opportunities. Only once structure flips bullish again will I start looking for potential longs.
We're trading around $64,500, with price continuing to be pushed higher ahead of the Fed rate decision
As I noted yesterday, they're likely to keep pushing the price up until the meeting itself, and only after it's over should we see a reversal and a continuation of the correction. Because this move once again goes against the expectations of the majorityand that's exactly how the market usually works
I think they could pump the price up to around ~$65,000, where there's an unfilled daily imbalance that is currently acting as a price magnet. #BTC
Die Münze ist unter die $6.630 POC-Volumenebene gefallen und fällt in Richtung der $6.220 VAL-Volumenebene. Wenn die Münze die untere Ebene hält, beginnt ein neuer Versuch, wieder über die POC-Volumenebene zu gelangen.#BitcoinRecoversFromAsianSessionLows #OilExtendsDecline
🕯 Chartanalyse: Der Preis von $AAVE bildete während seines Aufwärtstrends eine Imbalance-Zone. Wenn der Preis diese Zone während einer Korrektur hält, wird der Aufwärtstrend fortgesetzt.
📍 Einstieg: Eine Long-Position kann in der Imbalance-Zone zwischen 93,80 $ und 95,15 $ eröffnet werden.
✔️ Hauptziel: Die Liquidität liegt beim vorherigen Hoch von 102,00 $. #AAVEUSDT
Die Münze ist unter das POC-Volumenlevel von $1,875 gefallen und könnte nun weiter zurückgehen in Richtung des VAL-Volumenlevels von $1,830. Wenn die Münze das VAL-Volumenlevel hält, beginnt eine neue Aufwärtsbewegung. #ETH
1. The situation in Iran continues to escalate; even the Red Sea is now under fire. Oil is at $100.
2. The dollar continues to strengthen, while U.S. funds have been declining for about a month. Investors are on edge.
And yet, despite all this, Bitcoin isn’t crashing. Coinbase Premium is in negative territory—yes, institutional investors continue to sell off, but the pace of sales is slowing, which is a good sign.
The market isn’t heavily leveraged on the long side, and funding isn’t excessively skewed, though it’s still above zero.