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$RESOLV
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<@everyone @Market update As I have discussed in the updates recently, The market was heavily shorted by retail and longed by big players. That's why you've been seeing top liquidity sweeps with wicks, but bottom liqudiity sweeps with BODIES, cuz the upside liquidyt is absorbed by the big player, but the bottom side liquidity? phufft.. no absorber there, so price dominated that side. anyways, during the drop, longs were liquidated, these arent just any amount of long liquidations, the last event like this was on 10th apr 2025, when btc dropped from 81312 to 78559 in an hour, dropping $2500 in an hour. now that his happened, and as I was expecting this to happen during the next week, I was expecting more longs will be opened around the 108k area, and that's what happened. so, we have accumulated more liquidations on the upside now, around 1.1B of longs across all exchanges till 112987. so If the charts end up going there, expect 4h chart to produce bear divs on RSI.
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bitcoin 💡 updated plan, simple scenarios. 4h candle close above 102,500 and I think we see all time highs again, possible with the strength it is having right now. but failure to close above 102,500 and we see a proper pullback, possibility towards 94,000-91,000$ i still lean towards a pullback, to this point it almost looks like a bull trap. RSI is topped out, bearish divergence on many timeframes. all major liquidity has been taken from the upside + volume is now decreasing on this pump. makes more and more sense for a pullback, chart is telling that but market is taking it’s time to grab all the liquidity higher first. keep an eye on this level now. @everyone
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<@everyone **BTC Update** If market is bearish, this **Red FVG** should hold and BTC should be moving towards Sell side liquidity below(SSL). However BTC will get bullish if you see Reclaim of 95750 as shown by arrow. Keep it simple.
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