BTC/USDT.

The price of BTC has left the local fair value range of $106,700-$109,800 by more than 70% of the range size itself, indicating the validity of the breakout and the positioning of this VA in resistance.

Testing the auction zone of $104,300-$102,500, which acts as support.

🔴During the descent itself and in the testing zone, opposing stopping volumes from the buyer appear in the market data.

🔴Long-term spot liquidity of $106,000, $105,000, $104,000 was captured, which did not lead to reversal formations. The nearest further long-term liquidity magnet is located at prices of $103,000 and $102,000.#BTC $BTC