$BTC On the chart, Bitcoin is forming a bull flag—a very bullish pattern.
As for liquidity, the lows below have been swept three times, and the liquidation amount on each dip has gradually decreased. The bulls have given up resisting, while liquidity above keeps building.
If you know a little about order flow, you’ll see that as the price falls, the short-side Delta is gradually declining, which means selling pressure from the bears is easing.
In a bull market, the first thing major players need to do before pushing prices up is let the market absorb the selling pressure from the supply stacked ahead, until the price can no longer fall. Only then do they start buying. This applies to large investors and ETFs alike: they trade with the trend rather than trying to catch a falling knife.
As for liquidity, the lows below have been swept three times, and the liquidation amount on each dip has gradually decreased. The bulls have given up resisting, while liquidity above keeps building.
If you know a little about order flow, you’ll see that as the price falls, the short-side Delta is gradually declining, which means selling pressure from the bears is easing.
In a bull market, the first thing major players need to do before pushing prices up is let the market absorb the selling pressure from the supply stacked ahead, until the price can no longer fall. Only then do they start buying. This applies to large investors and ETFs alike: they trade with the trend rather than trying to catch a falling knife.
