Have a nice Sunday everyone,

With the Tether FUD and bomb news, We saw a big long squeeze (especially wicks on altcoins are scary)

1️⃣ On the Onchain side, Coinbase is currently the buyer, Binance is moving sideways, and most of the movements are made by futures. (futures --> manipulation, spot buy --> healthy)

Frankly, bitcoin is in the no-trade-zone for me right now.

I think there is liquidity in the lower regions that needs to be cleared.

2️⃣ The best scenario that can happen here is that while Bitcoin dumps to clear the liquidity in the lower regions, BTC.D completes its rally and the altcoins are thoroughly crushed.

Levels that I care about in terms of determining direction in LTF:

Daily candle above $68200

Daily candle below $66600

You can see the levels I care about in the chart(HTF)