You're gradually compressing within a tight range — a major move is on the horizon!
Here are some key things to keep in mind:
* Zones like this often lead to a sharp move, typically involving a big flush before a surge — sometimes swinging by 2,000 to 3,000 points.
* The 114–116 area was flagged earlier as a possible zone for a stop-hunt or wick.
* For July, the most painful price point sits around 110 but could rise to 112 before expiry. Price action deviating by 2,000 to 5,000 points from that level isn’t unusual.
\$BTC
remains in an upward structure — support still holds, and the current phase appears to be part of a distribution or re-accumulation pattern. Still, if conditions feel too uncertain, it’s wiser to lean on caution.
You’ve already done plenty of switching between positions and looked at all the angles. Now it’s time to stay steady, hold what you’ve gathered, and let the chart unfold.