BTC market
Quarterly: I see the possibility of an SMS + BMS + RTO structure. The position of OB is just close to the quarterly level dVAH. If supported, it will be a reversal point.
Monthly: The current price has fallen below the monthly dVAH. If the 4h level cannot be recovered, there will be a trend of short-term framework changes.
Zhou Weiwei: The dPOC of that week has been tested many times. The higher it bounces, the lower it gets. Once it falls below it and cannot be recovered, a callback will begin.
fluidity
The price is gradually approaching the intraday liquidity intensive area, around 69250, which is very magnetic. I will step on it.
Intraday trading opportunities:
For medium and long-term trading opportunities, I pay more attention to the price behavior of stepping on dVAH in the current quarter. If it is stepped on, the 4h level lows gradually become too high, which is a long opportunity to take a position, and the target ATH
If you can't step on it, it will get worse and you will test lower support, around 54,000.
The liquidity around 69250 is very close. There is a high probability that it will step on it. It may also be today's reversal point.
If it breaks below and retracts, many people will go long, but I am not willing to do this trade. Because once it falls below, the price will run below dPOC.
According to inertia, it can easily reach the lower boundary of the range. Therefore, if you are long and backtest dPOC, if you find resistance, it is recommended to leave the market.
In terms of short selling expectations, if the price has finished hunting for liquidity and the backtest of dPOC fails, then I think the price will test Monday Low, which is also pwVAH, around 65,000.
