🐳BTC update on October 17, 2024. We note that BTC continues to return and operate in the 68,000$ area and the trading price range is also narrowing when the volume of the selling side jumps in enough to overwhelm.
🔸Currently, the liquidity data shows that 68,100-68,500 is quite large and the ratio is overwhelming the BUY side. But the price is the opposite. The market is excited by news related to elections and wars.
🔹Today, the liquidity in the 68,100-68,500 area is still valid and will also be the entry for Sell to operate during the day. And the target is close to 2 levels of 66,500 and 65,300$. Maintaining a sideways move in the D1 frame until the end of the week is beautiful. Since Dom is so high, it is difficult for BTC price to drop sharply.