$BTC is showing a bearish divergence, while $ETH is flashing an SMT divergence against Bitcoin. 👀
BTC also pushed above both the Monday High and Previous Week High before rejecting.
Now the momentum is starting to fade.
🔥 What stands out:
• Bearish divergence on BTC
• SMT divergence between ETH and BTC
• Monday High + Previous Week High liquidity swept
• Early shorts have already been taken out
• Momentum is showing signs of weakness
With the upside liquidity already swept, the focus now shifts toward the long liquidity sitting below.
This doesn’t guarantee a reversal, but the setup is becoming increasingly interesting for a downside move.
🎯 Key idea:
Upside liquidity → swept ✅
Momentum → weakening ⚠️
Downside liquidity → still waiting 👀
The question:
Was that push above the highs the final liquidity grab before BTC starts targeting the longs below?
#BTC #ETH
BTC also pushed above both the Monday High and Previous Week High before rejecting.
Now the momentum is starting to fade.
🔥 What stands out:
• Bearish divergence on BTC
• SMT divergence between ETH and BTC
• Monday High + Previous Week High liquidity swept
• Early shorts have already been taken out
• Momentum is showing signs of weakness
With the upside liquidity already swept, the focus now shifts toward the long liquidity sitting below.
This doesn’t guarantee a reversal, but the setup is becoming increasingly interesting for a downside move.
🎯 Key idea:
Upside liquidity → swept ✅
Momentum → weakening ⚠️
Downside liquidity → still waiting 👀
The question:
Was that push above the highs the final liquidity grab before BTC starts targeting the longs below?
#BTC #ETH
