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Elon jamess
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Bitcoin major liquidity pocket sits down near $98K, while the upside liquidity pocket is closer to $116K. At this stage, it feels like every long gets squeezed before we actually bottom out.
$BTC
Avertissement : comprend des opinions de tiers. Il ne s’agit pas d’un conseil financier. Peut inclure du contenu sponsorisé.
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BTC
92,751.94
+1.98%
1.8k
0
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ETH UPDATE
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Glassnode says that for bitcoin to push back toward fresh highs it first has to move through heavy supply areas created by big buyers who entered the market earlier these zones act like barriers because many holders who bought there may want to sell once price comes back to their entry and recover profits or losses so the market needs strong demand to absorb that selling pressure the closest challenge now is between ninety three thousand and ninety six thousand where a lot of recent buyers are sitting and they might decide to unload if the price approaches that range the next major zone sits between one Hundred thousand and one Hundred eight thousand which is an even larger cluster of supply from aggressive buyers who stepped in during the last run when price reaches such levels traders often become cautious and some start taking profit thinking it may not break higher on the first attempt meaning bitcoin needs a clear shift in sentiment or a fresh wave of momentum to push through these walls once supply at these zones is cleared the path becomes lighter and the market can move more freely toward discovery of new highs but until those clusters break the trend remains in a waiting phase. #Write2Earn #Binance
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