Tonight’s livestream ran from 21:00 to 23:00. The key takeaway was simple: BTC’s short-term structure is bearish, but this isn’t a reversal signal—it’s a shakeout.
I marked two levels. The first is the daily supply zone around 98200, where a large number of unfilled stop orders have accumulated, creating overhead pressure. The second is the daily demand zone at 95800, which was also the starting point of the previous rally. The big players won’t just let that level go. My take on the price action between these two levels: don’t guess the direction—wait for the structure to develop.
So, what happened? During the livestream, BTC moved sideways around 97100. It didn’t break out, and it didn’t crash. That confirms my view: no volume, no signal. Sitting on the sidelines isn’t being timid—it’s waiting for the other side to show its hand.
Tomorrow, keep an eye on two key levels: can BTC break above 98200 convincingly (it only counts with volume), and will a rebound structure appear after a liquidity grab below 95800? Whichever happens first, follow that direction.
Will BTC close up or down tomorrow? Vote in the comments—I’ll be watching.
Follow me for livestreams and SMC lessons every night at 21:00.
🌿 Zhao | Not financial advice
I marked two levels. The first is the daily supply zone around 98200, where a large number of unfilled stop orders have accumulated, creating overhead pressure. The second is the daily demand zone at 95800, which was also the starting point of the previous rally. The big players won’t just let that level go. My take on the price action between these two levels: don’t guess the direction—wait for the structure to develop.
So, what happened? During the livestream, BTC moved sideways around 97100. It didn’t break out, and it didn’t crash. That confirms my view: no volume, no signal. Sitting on the sidelines isn’t being timid—it’s waiting for the other side to show its hand.
Tomorrow, keep an eye on two key levels: can BTC break above 98200 convincingly (it only counts with volume), and will a rebound structure appear after a liquidity grab below 95800? Whichever happens first, follow that direction.
Will BTC close up or down tomorrow? Vote in the comments—I’ll be watching.
Follow me for livestreams and SMC lessons every night at 21:00.
🌿 Zhao | Not financial advice