$BTC is not moving – it’s coiling
Sell-side is active - delta remains negative.
Liquidity is clearly skewed:
~84% sits below
only ~16% above
So downside has support, but it hasn’t been tested yet.
Price is still trading inside value (~65.7K - 71.8K), with POC (~67.5K) acting as the magnet.
At ~41% of the range, we’re slightly below mid - not at extremes, no real edge yet.
The key is how price reacts to pressure:
If sellers keep hitting but price holds → absorption → opens the door higher
If support breaks → liquidity below becomes a path, not a cushion
For now, this is still a range. Two-sided market. No clean direction.
Something has to give 🧸 DYOR