Your analysis of the current BTC market is sharp and well-reasoned.
### **Key Resistance & Market Dynamics**
1Resistance at 105,000
- This level is critical due to past liquidation zones (92K–94K) and psychological resistance.
- If BTC approaches this zone, expect strong selling pressure from both profit-takers and bears defending the level.
2.Liquidation Clusters
- The 92K–94K range was a major short-squeeze zone. Breaking above it confirms bullish strength, but a rejection here could trigger a deeper pullback.
3.No Clear Top Yet
- The market is in a strong uptrend, and trying to "call the top" is risky. However, parabolic moves often correct sharply—stay alert.
Strategy for Bulls & Bears
- For Bulls:
- Take partial profitsnear 105K or if momentum slows.
- Watch for rejection signals (e.g., wicks, volume divergence).
- Avoid overleveraging—greed kills in euphoric phases.
- For Bears:
- Shorting here is dangerous (trend is strong). Wait for confirmation:
- A sharp rejection at 105K with high volume.
- Breakdown below key supports (e.g., 95K or the 20EMA on 4H/1D).
- If a pullback starts, target liquidity zones (e.g., 85K–88K).
Macro Context
- Why a Pullback is Likely:
- BTC has rallied hard without a major correction.
- Funding rates are high (longs are crowded)—a flushout is possible.
- Bear traps often precede bull-market pullbacks (bears "attack," but dip buyers step in).
trade Plan
1. If BTC tests 105K:
- Reduce longs, set trailing stops.
- Watch order flow: Breakthrough with volume = continuation. Rejection = short opportunity.
2. Pullback Targets
- Initial support: 95K (previous resistance flip).
- Deeper support: 88K–90K (EMA50 + liquidity pool).
3. Re-Entry:
- Longs: Wait for stabilization (e.g., higher low formation).
- Shorts: Only on confirmed breakdown