*BTC 30m Update*:
It's the weekend, and market analysis is challenging, but we'll try to break it down.
Looking at the chart, there's a psychological factor at play – everyone's waiting for James' $1.1B position liquidation.
Based on my experience, when everyone focuses on the same levels, the market often surprises.
I'm placing long limit orders between $106K-$105.5K and $105.2K. Let's see if price retraces to retest $110K. We'll wait and observe how it plays out.