A small adjustment of $BTC has occurred.
Currently, there are signs of a strong pump setup trap for shorts that may happen.
Reason 1: Clearing liquidity below
- A deep drop to 101,443 clears most of the liquidity accumulated below for 3 days.
- The funding rate has decreased, indicating that weak longs have withdrawn and shorts are entering.
Reason 2: Reaction to news
- News about China - the United States postponing tariffs for 90 days.
- News about CPI being favorable for risky assets like Crypto, suggesting that a rate cut from the Fed might happen sooner, but the market is not reacting.
- Russia - Ukraine may cease fire.
( Look back at the time when BTC dropped to 74,457. After Trump announced news about tariffs, BTC still rose, creating the impression that nothing affected BTC, followed by a dump.)
Reason 3: Accumulated liquidity
- Accumulated liquidity above is dense in the 106k - 108k area.
According to my analysis and speculation, everything is supporting crypto, but the market's reaction is quite "strange," so it can be said that the occurrence of a trap is quite likely.
📌 Funding rate Decreasing sharply More shorts → easy squeeze
📌 Price sideway after bottom trap Yes Similar to accumulation pattern
📌 Volume Slightly decreasing Waiting for explosion
📌 Market sentiment Skeptical / waiting for high shorts Ideal for a surprise pump
🗒 Reasonable scenario at this moment:
Round 1: Sideway around 103–104k → shaking out weak orders.
Round 2: Break 105.8k → attracting Longs, Short FOMO.
Round 3: Drop to 101.4k to clear liquidity, gather more cheap stocks.
Round 4: Return to test the 104k - 105k area.
Round 5: Breakout → 105k strong squeeze towards 108–110k.
Round 6: May trap UTAD here if a dump is desired later.