Look what happens next, no need to repeat after me. Just study. And delve into it.
Judging by the number of anomaly bids (1 screen), we see that large bids have appeared on many alts. More than 120 of these altos.
Based on the balance of bids and asks, we see that there is a divergence. Asks go lower to lows, and bids grow. Both on Bitcoin and on the entire market.
On the alts in the screener you can clearly see that buyers are creating resistance to falling. Look for yourself at such anomalous clusters that formed on the 4-hour chart.
All this very often precedes a rebound during a fall or a reversal if the price moves sideways. But now we are definitely not experiencing a sideways trend, but a fall due to excess supply. And these factors do not guarantee that selling Bitcoin will now stop and there will be a rebound.
Soon America will join the game and we will see what they will do. Perhaps they will continue to throw off.
But if prices hold here and hang for a while, then there is a high probability of a rebound.
Let me remind you that during very strong...$BTC $SOL #BTC #Solana🚀
What kind of activity went on right before the discovery of America and at the moment. We started with shopping. And look how the asks in the glasses grew again.#BTC $BTC
You can see how they press down from above. If there is no extremely high demand, then there will be a rebound. Well, there really are even more asks there, but the bids are not growing.#BTC $BTC
When the price rises, sellers set up asks, but in the market there seems to be a decrease in the amount of asks. Well, each new jump in asks is smaller than the previous one. If you smooth out the lines you can see it better. Well, let's see.$BTC #BTC
Look, it's very interesting now. The price has approached the seller's area. This can be seen by how the selling limits increase sharply when the price rises slightly. There are people there who want to sell. And the volume is not small.
What will now be interesting to watch is whether buyers can and will move through this area. If they retreat and the price begins to fall, then there is a high probability that the move will go to the sellers and further decline.
If they press from below and press, then there is a high probability of shooting upward.
But the walls below are a bit empty up to 66K.$BTC $BTC
BTC 4h - increased volatility had a positive effect on the BTC chart. The goal now is to update the ATH, which could happen from current levels or after the FVG test. We are inclined to grow from current levels.
Margin levels - the price has approached the liquidation zone, the highest level is at $75,822. It’s worth targeting now.#BTC $BTC
According to TRDR metrics, the large predominance of asks over bids has been ongoing for several days. After 2 stripes appeared, the price rose a little higher and there was even an upward thrust that night, but it was quickly lowered, which in itself is a short argument.
No large walls appeared from below. And those that have been standing in the area of 38 for several months are obediently and patiently waiting for the price there.
For instruments, several metrics reached their peak values quite recently (highlighted with blue lines on the second screen). Quite strong deviations.
In ClusterBTC you can clearly see that large limits appeared on top over the weekend and the price bounced off them (third screen).
The clusters show how the price drops from large clusters at the top of the bar and has already met the support of buyers.
And by the way, sales were poor. Nothing at all. Cumulatively only 1500 delta bitcoins. Well this is funny. So far there have been no major sales. From the 4th there were only volume purchases. #BTCETFSPOT $BTC
It looks like the seller's lower zone has been identified. At prices of 47,500 and above, at least 2 factors speak about this. The two bright stripes last for several hours. This means that at a depth of 1-5% upward there are much more asks than bids. And the second is a large sale and the flow is more volatile. This means that sellers are ready to dump market orders.
Now it would be good to know how deep buyers are willing to go. Perhaps in this area the price will hang around for a while before moving further in any direction) $BTC #BTC🔥🔥
Metrics continue to approach anomalous values, after which a spill or reversal most often occurs. But not everyone has achieved them yet.
The seller's zone for large limits now remains up to 50K. This is probably where the rest of the metrics will become anomalous. In the meantime, I'm waiting.$BTC
One argument for shorting has emerged. It was my cunning delta that reached abnormal values. And the second argument needs time to mature. At least a few hours)
According to other metrics, there is still silence.$
According to limits. At a depth of 1 - 2.5% there is a slight advantage in asks over bids, but not constant. You can see it on the second screen. But at a depth of 2.5 - 5%, bids predominate. They move with the price at a distance. And it's quite interesting. On the second screen there is a blue stripe.
Almost everyone walked along the large walls. There is very little left before 45K.
I have already been well taught by experience that it is better not to trade against strong demand. I’ll calmly wait for quite anomalous and strong arguments for shorting to form. In the meantime, I’ll sit in Longi on the violas that I found yesterday. #BTC🔥🔥
The clusters show how the selling pressure shifted with each new bar. Which was reflected in the price decrease.
Locally, from here the price can be pushed in both directions. And no one canceled the impulses. But more generally, I still see a vector for a significant price reduction. $BTC #BTC🔥🔥 #Bitcoin