$BTC is showing clear SMC structure:

Multiple CHoCH (Change of Character) confirming shift in short-term momentum.

BOS (Break of Structure) at key levels validates bearish sweep before liquidity grab.

Price tapped into the POI (Point of Interest) liquidity zone, creating potential demand.

Now, price is consolidating around 117,800–118,000, setting up for a liquidity sweep into the 116,000–115,600 zone (red box) before expansion.

Projection:

✅ Accumulation + liquidity grab at POI

✅ Expansion towards 122,700+ with bullish continuation

✅ Risk defined below 115,600

This is classic liquidity hunt → accumulation → rally setup. 🚀