This Is Why I Watch Liquidity 🤭
Yesterday, I posted the liquidation map and showed the big pool of downside liquidity sitting below $BTC
I said if we got 2 to 3 strong red candles, bulls could lose control and sellers could take over
And today, we got exactly that move
$BTC broke below the $84K area and started pushing into the downside liquidity we were watching
The lesson is simple
Don’t panic after the move starts. Watch where liquidity is sitting before the move happens
That’s where the real edge can be 👀
BTC did fall below $84K today, with hundreds of millions in crypto long positions liquidated during the move.
#FedMinutesFocusOnOctoberPause
Yesterday, I posted the liquidation map and showed the big pool of downside liquidity sitting below $BTC
I said if we got 2 to 3 strong red candles, bulls could lose control and sellers could take over
And today, we got exactly that move
$BTC broke below the $84K area and started pushing into the downside liquidity we were watching
The lesson is simple
Don’t panic after the move starts. Watch where liquidity is sitting before the move happens
That’s where the real edge can be 👀
BTC did fall below $84K today, with hundreds of millions in crypto long positions liquidated during the move.
#FedMinutesFocusOnOctoberPause
