$BTC 4H
The price has now swept through two extremes
- Inquiry liquidity & Buy liquidity
- Resistance and support
In terms of value areas, the price seems to have returned to the current value, which focuses on PoC and potential support levels, around $98,000
$BTC long-distance transport
As I mentioned earlier, the BTC market is severely constrained by traditional financial liquidity, in this case, stock correlation
- ES weakness --> sell --> BTC is sold
I believe the lows during the New York or US trading session are quite important for value development
- Maintaining passive bids above will be beneficial later
- Accepting passive supply below means we may test potential levels below.