That candle didn’t just react from a simple demand zone — it actually bounced from a complete demand order block that got filled before the price pumped back up. There’s a big difference between a demand zone and a demand order block. An order block represents an area where price was intentionally held or “blocked,” meaning multiple layers of demand were combined into a single, strong zone of interest. In this case, the supply pressure was so strong that the price couldn’t even touch the upper supply zone. Meanwhile, the demand area got fully filled, and the price reversed upward — probably around 80% of the pending orders were executed there, as the price had dropped due to the high supply. These are exactly the kinds of zones where the entire world seems to be buying, yet the price moves in the opposite direction — a classic sign of smart money activity in the market. #MarketMeltdown #BNB_Market_Update #BTC $SOL
📊 MARKET UPDATE #BTC $ / USDT 🚨 Price Action Insight: Bitcoin is showing signs of slow bleeding, with no clear pullback or wick rejections visible on the recent candles. This indicates weak buying interest and consistent selling pressure. 📉 Current Situation: A few hours ago, we were watching the 112k level as a key flip zone — a crucial resistance that needed to turn into support. However, BTC has now dropped to around 102k, failing to maintain momentum above that key level. The price is currently trading below the MA50, which technically signals bearish structure and increases the probability of further downside movement. ☠️ ⚠️ Observation: Slow downward movement (bleeding) without volume spikes often suggests gradual distribution by big players rather than panic selling. If this continues, we might see a deeper correction unless BTC reclaims MA50 support soon. 💡 Conclusion: The market structure remains weak in the short term. Watch for a confirmed bounce or reclaim above MA50 before expecting any recovery. Until then, stay cautious — no strong reversal signals yet. $SOL #BinanceHODLerMMT $BTC