š BTC/USDT Smart Money Concept (4H Chart Analysis)
šø Break of Structure (BOS)
Price clearly broke above the previous high, showing bullish strength and confirming a new structural shift.
šø Swing High & Swing Low Mapped
These levels frame the current trading range. Any significant move will likely respect these extremes.
š© Demand Zone Identified
After the BOS, the market left behind a clean demand zone ā the origin of the move that caused the break. This is where institutional buying likely happened.
š Retracement in Progress
Price is now pulling back toward that demand zone. I'm expecting it to react bullishly upon entry.
š§ Game Plan:
I'll be watching closely for bullish signs (e.g., CHoCH on lower TFs, FVG fills, or engulfing candles) once price hits the demand zone. A strong reaction here could fuel the next leg toward the previous Swing High.
šØ Patience is key. Let price come to your level ā then strike with precision.