#BTC CME Futures turned from the 57.945$ support, the green box was an important buyer area for us.
Selling pressures occurred before the 4h candle close (11:00), then the momentum continued upwards.
We can call this a nice shake-up, because the US CPI / PPI data will be released on Tuesday-Wednesday. The GAP up to $61,100 needs to be closed before this data.
Now that these gaps are visible, market conditions are not easy and investors are selling their products at psychological limits and getting back on track.
In summary, if $BTC makes 2h/4h candle closes above our uptrend continuation price of $59,420, upward momentum will continue and the gap will close. Then it will start preparing for new resistances.