The small range forming just under local resistance is weak and showing signs of exhaustion. Despite a possible red dot printing soon, volume is not confirming a strong bearish divergence, so don’t assume a major drop is guaranteed just yet.
The “Uneven Butcheeks” pattern visually highlights imbalance
A fakeout back into the range, or
A flush to grab liquidity sitting beneath key demand zones.
Key Scenarios
Scenario A (Orange Path)
A breakout through the overhead supply zone could trigger upside continuation toward $111,850.
But unless it’s backed by strong volume and broader BTC strength, I’ll be fading this move.
Right now, this doesn’t look like conviction from bulls — it looks like exhaustion.
Scenario B (Purple Path)
A rejection at current levels or a weak fakeout could break back into the demand zone.
With thin structure below and low buy-side aggression, price could sweep down toward $102.9k–$101.1k, or even lower.
If we get this move, I’ll be watching how buyers behave around the lower demand — that’s where bulls need to prove themselves.
⚠️ Strategy:
Don’t front-run this — let the price confirm or invalidate.
Watch volume. Watch BTC dominance.
Until then, this zone is chop-heavy, and patience = protection.
The “Uneven Butcheeks” pattern visually highlights imbalance
A fakeout back into the range, or
A flush to grab liquidity sitting beneath key demand zones.
Key Scenarios
Scenario A (Orange Path)
A breakout through the overhead supply zone could trigger upside continuation toward $111,850.
But unless it’s backed by strong volume and broader BTC strength, I’ll be fading this move.
Right now, this doesn’t look like conviction from bulls — it looks like exhaustion.
Scenario B (Purple Path)
A rejection at current levels or a weak fakeout could break back into the demand zone.
With thin structure below and low buy-side aggression, price could sweep down toward $102.9k–$101.1k, or even lower.
If we get this move, I’ll be watching how buyers behave around the lower demand — that’s where bulls need to prove themselves.
⚠️ Strategy:
Don’t front-run this — let the price confirm or invalidate.
Watch volume. Watch BTC dominance.
Until then, this zone is chop-heavy, and patience = protection.
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這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。