🚨 Market Update - 👀
After multiple tests of $62.8k support (Weekly Open & DM VAH,) this finally failed during the night and has now become resistance so far today. We have 4 hour support at $62.2k which is also the current month POC (Point of Control).
There is an area of liquidity growing at $61.8k, so I would not be surprised to see this swept today, but if we are to form a bottom here we need to see $62k (Monday Low) hold. We have been well positioned for all moves so far, and I am actively looking for more opportunities.
The Monday range this week is $62k - $64.4k.
