🚨⚠️Market Overview: Yesterday's Sell-Off and What’s Next🚨
📢Hey everyone! Let’s break down yesterday’s action: Someone sold 24,000 BTC at market price (without limit orders or waiting for better rates). This created massive selling pressure and triggered a sharp drop.
What happened?‼
Price tested the $112,187 support level but closed above it — indicating demand in this zone.
The decline brought us into a key buying area: $112,187 – $107,497. This is where traders expect aggressive accumulation.
Does this remind you of something?
Personally, it strongly resembles June 22 — the "Midnight Hammer" operation. Back then, uncertainty led to a sharp move that marked the end of the correction and the start of a recovery.
I believe we are now near a potential reversal point as well.
Mixed signals in the market:
✅ Positive: Jerome Powell (Fed Chair) hinted at gradual rate cuts despite inflation. This is bullish for risk assets, including crypto.
⚠️ Negative: Big players are taking profits and moving to cash, expecting seasonal weakness (the typical autumn slump).
What to expect next?
I anticipate a bounce toward the $116,500 – $117,500 zone after some short-term manipulation and final "shakeout" of weak hands (key levels are marked on the chart).
Stay calm, watch the levels, and remember: volatility equals opportunity. Trade smart! 💡📈
Note: I noticed you’re much more interested in receiving signals than detailed market analysis from me. This is further proof that people don’t want to learn — they just want instant results. If you find this type of analysis interesting too, show it with Repost follow!👍❤️
#Mrlalchandsarmy $OMNI