$BTC
We're trading inside the same $53-73K range that took 245 days to build last year. Think about how much volume went through this zone.
Eight months of positions, stops, resting orders, and liquidity all sitting in here. This is the most contested zone on BTC's entire chart right now.
Contested zones don't get sliced through easy.
Expect chop. Expect traps in both directions. Expect this to take time.
This is where it gets slow and frustrating. Which is exactly what the market needs before the next real move.
BTCUSDT
Διην.
67,108.7
+1.18%