I will explain in short in simple words no fancy update today😄
If we look at the $BTC chart we are at bullish trendline support plus bull flag retest, plus H4 demand. And we have a supply zone above 118k , so from here a reversal is possible if we break above the 118k zone a bullish momentum will continue and you can use it as a confirmation structure shift too. If you are looking for long a tight StopLoss Below 112k is must...👇🏻
But if you look at the zoom out chart of BTC you will see a lot of weakness a bearish divergence plus upper side liquidity grap and price deviate, and lower side imbalance of 110k 106 102 k so from here you can only scalp on CMP, 110, 105, 102, after confirmation ... A clear market structure will decide the market ...
For now the market is choppy and long term entries is not an option ,
Sorry in advance for not a detailed update