#btc testing critical levels while swinging for 120K to 60K #eth looking critical at 1500 swinging from 5k to 500 #alts looking to gaps for extract-liquidity and sell pressure.
waiting for the big guns and how they see this swing-
as market sentiment pushes towards a more bullshit uptrend. let us remind ourselves that sellers are equally important. just as much as you don't want to over leverage your buys on long shorts don't over leverage your shorts on long buys
market structure suggests that there is still a strong bearish momentum to the current bullish resistance. price action is relatively slow but accumulation requires more liquidity to be released. therefore sellers are looking for more opportunity and buyers havent placed more directional bias. outlook is still bearish with strong bullish resistance #btc