$BTC
Balance.
The asset has been moving in balance for the last month: 100340 – 111920.
We are trading in the middle of the formed balance. The price has not yet determined its direction.
Value Area High / Low. VAH — 108880. VAL — 103840.
These levels limit the fair price zone. A breakout may lead to an impulse.
POC (point of control): 105573 USDT
The price has not yet determined its direction and has approached POC. This is the main level of traded volume, around which the current struggle is taking place.

Sales absorption cluster.
On June 13, 2025, the downward price impulse was absorbed by a limit buyer, resulting in further movement being halted. This is now a relevant support level.

Purchases absorption cluster.
On June 16, the price approached the VAH level — 108880, but purchases were absorbed by a limit seller.

Possible further scenarios for price development.
Bullish scenario #1.
Retest VAL 103840 (Volume Cluster) zone
Bounce with volume set → return to POC
Breakout VAH → movement to the upper range: 111920
Bullish scenario #2.
Bounce from POC upwards
Breakout VAH → movement to the upper range: 111920

Bearish scenario.
Retest VAL 103840 (Volume Cluster) zone
Bounce from POC downwards
Decline to Range Bottom

I adhere to the bullish scenario 😉. Because I see buyer interest at the cluster support level. I am waiting for a reaction near VAL. If we see level retention with volumes — I will open a long position with a stop under the cluster.
🔔 Follow for updates — I will share my trading logic and entries.
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