Bitcoin made a **double liquidity sweep** over the past 24 hours: it touched PDH at 81.7K and PDL at 80.7K, hunting stops on both sides. The subsequent bounce turned the 4H and 1H bias bullish, but here’s the catch: **the daily, weekly, and monthly timeframes are still bearish**.
This is what’s called a **timeframe conflict**. When the shorter timeframes turn against the higher ones, what you’re seeing is a technical bounce, not a confirmed reversal. The Wyckoff thesis is clear: until the daily timeframe turns, this is just noise within a larger structure that remains bearish.
Price is at **81.1K**, right up against the 81.3K resistance projected by traditional analysis. If it doesn’t break through with volume, the likelihood of rejection is high. The next support is at **80.3K** (PWL), and if it falls, the next one is **78.4K**.
The **Fear & Greed** index fell to **53 (neutral)**, down 2 points from yesterday. That slight drop reflects indecision, not panic. And it makes sense: the market doesn’t know whether this is a bottom or a trap.
What should you do in this context? Follow the higher timeframe. If the daily timeframe is bearish, treat bounces as selling opportunities, not buying opportunities. If you want to play the bounce, use tight stops and don’t expect a reversal until one is confirmed.
Are you trading this bounce or waiting for confirmation on the higher timeframes?
#BTC
This is what’s called a **timeframe conflict**. When the shorter timeframes turn against the higher ones, what you’re seeing is a technical bounce, not a confirmed reversal. The Wyckoff thesis is clear: until the daily timeframe turns, this is just noise within a larger structure that remains bearish.
Price is at **81.1K**, right up against the 81.3K resistance projected by traditional analysis. If it doesn’t break through with volume, the likelihood of rejection is high. The next support is at **80.3K** (PWL), and if it falls, the next one is **78.4K**.
The **Fear & Greed** index fell to **53 (neutral)**, down 2 points from yesterday. That slight drop reflects indecision, not panic. And it makes sense: the market doesn’t know whether this is a bottom or a trap.
What should you do in this context? Follow the higher timeframe. If the daily timeframe is bearish, treat bounces as selling opportunities, not buying opportunities. If you want to play the bounce, use tight stops and don’t expect a reversal until one is confirmed.
Are you trading this bounce or waiting for confirmation on the higher timeframes?
#BTC