This move is not just a pullback. It looks like a liquidity reset.
Price has sold off aggressively and is now sitting on a major demand area that previously acted as strong support. This zone will likely decide the next directional move.
Two scenarios to watch:
If this level holds, a relief rally and short-term trend recovery become likely.
If this level fails, another downside sweep could occur before a meaningful reversal.
Market moves are designed to shake out weak hands first. Patience and confirmation matter more than prediction here.
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$BTC at a Decision Point
This move is not just a pullback. It looks like a liquidity reset.
Price has sold off aggressively and is now sitting on a major demand area that previously acted as strong support. This zone will likely decide the next directional move.
Two scenarios to watch:
If this level holds, a relief rally and short-term trend recovery become likely.
If this level fails, another downside sweep could occur before a meaningful reversal.
Market moves are designed to shake out weak hands first.
Patience and confirmation matter more than prediction here.
Let price show its intent.
#BTC #Bitcoin #Crypto