Bitcoin just touched $106,000, triggering a liquidity sweep โ but what happened next raised a few eyebrows.
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๐ Key Market Observation:
BTC spiked to 106K and instantly left a liquidity gap underneath.
The 106,400โ106,600 zone saw a sharp withdrawal of buy-side liquidity.
This typically signals a cool-down or a trap, hinting that price might revisit lower zones soon.
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๐ Why It Matters:
โก๏ธ A 1% move doesnโt change the broader trend โ especially in a sideways market
โก๏ธ Weโre in a zone where liquidations can flip directions quickly
โก๏ธ Patience is the real edge right now โ forced trades = bad trades
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๐ Strategic Insight:
If you're scalping, wait for clean structure re-entry
For spot buyers: consider setting gradual trailing bids below $104K in case of a retrace
Don't get baited by small pumps โ let the market pick its direction
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๐ Current BTC Price:
$105,984.36 ๐ป โ0.27%
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๐ฌ Are you expecting a dip before the next leg up? Or is this just another fakeout?
Drop your thoughts in the comments!
#BTC #BitcoinAnalysis #CryptoStrategy #LiquidityHunt #BinanceSquare
