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This is just another week in Crypto. On Monday, $BTC dumped from $65,000 to $63,500 liquidating $203M! On Tuesday, $BTC immediately pumped back above $66,900 liquidating another $353M! And then today, $BTC dumped back to $65,500 liquidating an additional $118M! $674M total Crypto liquidations this week already!!! But here's...

71,275 views • 2 months ago •via X (Twitter)

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This is getting seriously interesting again. $BTC dumped from $82,300 to $78,600 this weekend liquidating $1.4B! But this is the important bit: In Friday's post I said $80,000 was the key breakout level and losing it would bring the huge liquidity below into play. That’s exactly what happened. Bitcoin now has roughly $2.3B liquidity below between $76,500 - $78,500 versus $2.3B above between $80,500 - $83,000. This means the HTF liquidity has just been reset and is perfectly balanced, with no clear advantage on either side. On the LTF, the largest liquidity zones sit around $78,400 - $78,900 below and $79,900 - $81,000 above, which makes it likely these levels get swept today. Whales are still showing huge demand from $78,000 - $79,000 to buy the dip, while large sell walls remain stacked above $80,000 until $83,000. This means buyers are defending underneath, but Bulls still have a lot of supply to clear before I trust another breakout. Meanwhile, spot demand has weakened again and Coinbase Premium remains negative, while OI is only starting to rebuild and futures traders have shifted back towards buying. This means leverage is returning, but I still want to see stronger spot demand before becoming Bullish again. So to make things simple for you: - $79k - $80k support failed over the weekend - $78.6k downside sweep played out - $78.9k and $79.9k are the two LTF zones - HTF liquidity is now perfectly balanced - Reclaim $80k-$81k and Bulls regain control; lose $78.4k and I favour another sweep lower I’ll post any changes to my positioning and the key levels I’m watching in the free Telegram (link in bio).

CryptoReviewing

126,143 views • 25 days ago