Planning BTC’s Next Move from here:
Today’s sell-off wasn’t random, it had warning signs that can change the market behaviour.
First, the market grabbed ATH liquidity and formed an upthrust with low demand. Buying pressure was getting absorbed while selling pressure kept pushing, a clear early alert to be cautious.
Second, the H4 chart showed divergence, less buying momentum building up.
If BTC reverses from here like 117500, how do we know it’s not just a trap?
The drop we saw was impulsive, not corrective, that’s why you can't consider it only a liquidity grab or sharp long liquidations event in a bull market.
It also came with volume, and yes, longs got liquidated but that’s another story.
If price now starts climbing, here’s what to watch:
Impulsive up moves followed by corrective pullbacks would suggest a genuine shift, with lower timeframes flipping structure bullish first.
But if the recovery is corrective instead of impulsive and market keeps on exhaustion PA and rejecting from OB of H1 than, caution is key, weakness might still be in play.
Trade the structure, not the hype.
