For $BTC I did mentioned that price loves to front ran every time where there is FUD. The reason being clear is to engineer liquidity for future continuation to the downside. The higher timeframe demand zone at 75,378 still remains unscathed. Now what I'll be eyeing for is the zone at 79,500-80,200. This is where I want a strong rejection to occur for potential short setups.

We do have US trade balance event in 1h and 20 mins so expect volatility. Wednesday have historically been good in terms of avg return for bitcoin. And with the daily candle looking good, I'm expecting strength to the upside. But resistance could be faced at the 79500-80,200 zone. I'll wait for reaction at that zone before deciding further. If we do manage to break past that zone then 81,800-82,000 is next.

Downside liquidity below 75,500 till 73,500 still remains attractive for long term magnet.