Status of $BTC for today, 05-10
The Long/Short Ratio is 1:1.10 (Shorts dominate); taker flow is increasing selling pressure on the 4-hour timeframe, building an attractive liquidity pool above the range. Watch out for a short squeeze. 🚩
With $BTC battling around the $85,900 zone, the magnetic pool is creating upward pressure toward $86,800–$87,500 to liquidate late short positions that continue to pile on leverage, or downward toward $84,800–$84,200 in the event of a preliminary liquidity sweep. 🩸📊
Bitcoin is testing key support at $85,200. If spot demand absorbs this selling flow, the excess Short volume could fuel a rapid bullish liquidity sweep.
P.S. Total 4H volume is up to $6.13B, showing a sharp increase in order-book trading activity at the start of the session.
Don't trade on faith; trade liquidity. The bloodbath is fuel for the next move. ⚔️📉
#BitcoinSpotETFsDraw$6.34BInflowsInQ3
The Long/Short Ratio is 1:1.10 (Shorts dominate); taker flow is increasing selling pressure on the 4-hour timeframe, building an attractive liquidity pool above the range. Watch out for a short squeeze. 🚩
With $BTC battling around the $85,900 zone, the magnetic pool is creating upward pressure toward $86,800–$87,500 to liquidate late short positions that continue to pile on leverage, or downward toward $84,800–$84,200 in the event of a preliminary liquidity sweep. 🩸📊
Bitcoin is testing key support at $85,200. If spot demand absorbs this selling flow, the excess Short volume could fuel a rapid bullish liquidity sweep.
P.S. Total 4H volume is up to $6.13B, showing a sharp increase in order-book trading activity at the start of the session.
Don't trade on faith; trade liquidity. The bloodbath is fuel for the next move. ⚔️📉
#BitcoinSpotETFsDraw$6.34BInflowsInQ3
