The **15-minute timeframe** has already filled its downtrend, meaning that the downward move on this smaller timeframe is complete. Now, looking at the **30-minute timeframe**, the downtrend seems to be filling up near **$101,623**, but there’s still a chance for the price to drift lower, possibly down to **$101,257**. I’ve combined multiple institutional timeframes, and this level makes sense based on how they operate.
At this point, the key thing is figuring out **how we can spot a shift**. To confirm that, I want to see the price form a few waves in an **N-pattern**. This pattern would signal that things are turning bearish. Once that happens, we should see a **minor vertical drop**. After that, price will likely stabilize and start moving **sideways**, consolidating until it reaches the target level we’re watching. This sideways action is what I’ll be focusing on for now—it’s a key part of how price behaves before the next move.
This approach reflects how institutions operate, pushing price into liquidity zones, creating patterns like this, and then controlling the market’s direction until they hit their objectives.