2025.1.17 Review #BTC走势分析
Price retraced to the weekly FVG, the FVG acts like a magnet, attracting and supporting the price. There are residual bullish positions left by market makers here. Because the buyers are unbalanced and the sellers are inefficient, the market makers' bullish positions cannot fully enter the market. After accumulating liquidity for some time, this area becomes a liquidity pool that attracts the price. Once the price enters the liquidity pool, smart money, market makers, and orders enter the market and then push the market upward.
The 4H chart tells us that the price has entered a 4H bullish order flow, and the price will retrace to the FVG, continually creating higher highs and higher lows.
Yesterday, the price retraced to 98,000, which is the 4H FVG, successfully blocking the price.
Then, on the 15-minute chart, we can see that a turtle soup was formed here, extracting liquidity, refilling the 4H FVG, and then continuing upward.
Very beautiful price action. If you want to learn more about price action, you can watch my videos on FVG and structure on blbl.