Again I can't stress this enough
This is simply a snapshot of the books as they currently stand
Only way to decipher whether this holds is if we get transactions in and around these zones of interest
What this indicates for now provided orders stand, that it will take a lot more volume to push market higher than it would be to mean revert it
So with that in mind, a ranging environment is still more than likely
A BlueSky breakout with this signature? Sure, but would need a catalyst or some impetus to carry momentum (market buyers are needed)
I personally think, upside is still capped and will be playing ping pong in between
#BTC