Who can escape from the liquidity of the big pancake bulls?

6-5 BTC View: Reference 4H
Bitcoin is still in a phase of consolidation and fluctuation. There is a potential large triangle convergence pattern at a higher level, so the direction has not yet been determined. If Bitcoin continues to consolidate like this, it is likely to show a direction around next Thursday.

Returning to the short-term level of 1H: After taking the upper short liquidity two days ago, Bitcoin began to form a fluctuating downward trend. Yesterday, it was also mentioned that the short-term bullish structure of Bitcoin should not break below the 104800 position, otherwise the structure will be damaged.

Since the bullish structure has been damaged, the subsequent trend is more likely to break below the trend line to capture the lower bullish liquidity.

The area marked by the blue line below is the primary position to observe for bullish liquidity. However, I will not consider going short at this moment. The 106800 short position was not filled, and it is even less likely to short in between. The two subsequent positions of 103200-102000 are potential bullish points.