$BTC 66K is already on the table!
65K has just been pushed up by increased spot volume.
The overhead chips are getting thinner and thinner!
Between 65.5K and 66K, there’s almost no remaining resistance.
The bulls just need this final step!
The most comfortable part of this move is that 65K was pushed up after the spot traded volumes expanded—so the buy-side quality is more solid than simply pulling it up with futures. Now, liquidity between 65.5K and 66K is relatively thin, so it’s very easy for price to follow through and eat this zone first.
But around 66K, you still need to guard against a quick spike that sweeps the shorts, followed by a pullback; the downside liquidity hasn’t been fully cleaned up yet either. Only if you can build volume and hold steadily above 66K will the structure continue opening upward; if it’s just a wick to poke it, the next leg back may be even harsher.
65.5K—66K: it’s very likely they’ll first go touch it.$ETH $SNDK
Whether it can hold or not will determine whether the next phase is acceleration or consolidation.
Click the card below and get straight to work!👇
65K has just been pushed up by increased spot volume.
The overhead chips are getting thinner and thinner!
Between 65.5K and 66K, there’s almost no remaining resistance.
The bulls just need this final step!
The most comfortable part of this move is that 65K was pushed up after the spot traded volumes expanded—so the buy-side quality is more solid than simply pulling it up with futures. Now, liquidity between 65.5K and 66K is relatively thin, so it’s very easy for price to follow through and eat this zone first.
But around 66K, you still need to guard against a quick spike that sweeps the shorts, followed by a pullback; the downside liquidity hasn’t been fully cleaned up yet either. Only if you can build volume and hold steadily above 66K will the structure continue opening upward; if it’s just a wick to poke it, the next leg back may be even harsher.
65.5K—66K: it’s very likely they’ll first go touch it.$ETH $SNDK
Whether it can hold or not will determine whether the next phase is acceleration or consolidation.
Click the card below and get straight to work!👇