#cryptotradingpro #BTC
🚀 $BTC /USD: Detailed analysis of liquidity and direction
On the 4-hour timeframe, Bitcoin is demonstrating a confident impulsive rebound from the local bottom ($62,400 - $62,600), where a buy signal has been triggered. The price is currently trading in the $64,200 – $64,250 range.
Let’s take a look at what the metrics show:
📊 1. Order Glass and Volume
Resistance (Ask): The densest wall of limit sellers is formed in the $64,500 – $65,200 range.
Support (Bid): The main buying liquidity is located below — in the $63,500 – $62,800 range.
🎯 2. Liquidation Map
Shorts as a magnet: Right above the current price ($64,500 – $65,200) there is a huge peak of short position liquidations. It is profitable for the price to go there to collect sellers’ stops.
Longs: Most of the longs have already been shaved off during the previous dump, the next accumulation zone is from $63,200 and below.
🚦 Scenarios:
🟢 Priority (Bullish Sweep): Movement to the $64,800 - $65,200 zone to remove short liquidity. If the volume is not enough to consolidate above $65,200, we expect a healthy pullback to retest $63,500 - $63,800.
🔴 Alternative (Bearish): Loss of the $63,550 support level nullifies the current momentum and opens the way back to $62,800 - $62,400.
⚠️ Trading thoughts:
📈 Long: Entering with current is risky due to the proximity of the sellers' wall. It is optimal to look for an entry on a pullback ($63,500 - $63,800) or after consolidation above $65,200.
📉 Short: The $64,800 - $65,200 zone is interesting for a sell reaction only in the presence of reversal patterns after liquidity is broken.
🚀 $BTC /USD: Detailed analysis of liquidity and direction
On the 4-hour timeframe, Bitcoin is demonstrating a confident impulsive rebound from the local bottom ($62,400 - $62,600), where a buy signal has been triggered. The price is currently trading in the $64,200 – $64,250 range.
Let’s take a look at what the metrics show:
📊 1. Order Glass and Volume
Resistance (Ask): The densest wall of limit sellers is formed in the $64,500 – $65,200 range.
Support (Bid): The main buying liquidity is located below — in the $63,500 – $62,800 range.
🎯 2. Liquidation Map
Shorts as a magnet: Right above the current price ($64,500 – $65,200) there is a huge peak of short position liquidations. It is profitable for the price to go there to collect sellers’ stops.
Longs: Most of the longs have already been shaved off during the previous dump, the next accumulation zone is from $63,200 and below.
🚦 Scenarios:
🟢 Priority (Bullish Sweep): Movement to the $64,800 - $65,200 zone to remove short liquidity. If the volume is not enough to consolidate above $65,200, we expect a healthy pullback to retest $63,500 - $63,800.
🔴 Alternative (Bearish): Loss of the $63,550 support level nullifies the current momentum and opens the way back to $62,800 - $62,400.
⚠️ Trading thoughts:
📈 Long: Entering with current is risky due to the proximity of the sellers' wall. It is optimal to look for an entry on a pullback ($63,500 - $63,800) or after consolidation above $65,200.
📉 Short: The $64,800 - $65,200 zone is interesting for a sell reaction only in the presence of reversal patterns after liquidity is broken.