#BTC looks stable, but it’s a bit of a trap.

Retail longs are still low (11th percentile).

If that spikes, it usually marks a local top.

- Orderbook is weak, bid/ask ratios sit around the 20th and 12th percentiles.

- Not much buy support.

- OI is flat, no strong bias.

But here’s the red flag:

77% of liq levels (by count) are long, and 82% by size.

That’s a lot of downside fuel.

Stay sharp.

The sweep might come before any move higher.

Expect volatility near key levels.