$IQ showing strength as 3.4x volume supports the 3.4% move into higher-timeframe demand.
My bias is bullish on the 1h while price holds its higher-high and higher-low structure. The volume expansion looks more like aggressive buying than distribution, but the weekly trend remains bearish, so patience is key.
I’m watching the 0.000773–0.000748 zone for a potential pullback. Before entering, I want to see a 15m/5m bullish market-structure shift, a sweep and reclaim around 0.000743, plus a bullish engulfing or pin-bar confirmation.
Upside targets:
0.000797
0.000806
0.000824 liquidity
0.000837
The main idea is simple: don’t chase the move into resistance. Let price reset, confirm demand, and then look for continuation.
A 1h close below 0.000743 would invalidate the bullish structure and shift the bias bearish.
BTC weakness, declining OI, and positive funding also demand disciplined position sizing.
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