$BTC caution traps are being set up very carefully at a high level for next week!

After the process of checking supply and demand at the peak in the re-accumulation area of 92k - 94.9k (BU area according to WICKOFF), last night BTC had a breakout session at the 94.9k area and the price briefly reached 95.7k. However, as the price rises higher, there is a shortage of cash flow, indicating that organizations are not really eager to invest money to push BTC prices in this 95k range. An even more dangerous thing at the current stage is when BTC broke out of the 94.9k area last night; we see that the cash flow (indicated by volume) is gradually decreasing as the price rises, indicating an unsuccessful effort in the current phase. According to WICKOFF, this is a Buying Climax (overbought) signal. When encountering this signal, the most positive scenario is that at the 95.7k area, organizations must continue to create an absorption area by keeping the BTC price moving sideways for a long time with narrow fluctuations around the 94.5k - 95.7k range, similar to the previous sideways phase around 92k - 94.9k. In the next two sessions on Saturday and Sunday, with cash flow always being scarce at this stage, the sideways scenario in the 95k price range is extremely high before entering a new phase.

And in the scenario where BTC is at this high price range with an extremely frustrating mentality of buying BTC or selling BTC with no profit, this is a very favorable condition for altcoin driving teams to attract retail investors to participate in on this Saturday and Sunday with the characteristic that those altcoins that are rising will continue to rise, while altcoins that are in the accumulation phase will continue to accumulate, and those altcoins that are in the process of being depressed will continue to be depressed in price. Therefore, the strategy to profit...