Exchange Reserves Spiking Volatility Incoming?
Binance reserves are rising toward 676K, meaning more coins are moving onto exchanges. That usually increases short-term sell pressure and volatility. If price loses key support, a liquidity sweep to the downside is likely before any real bounce.
Trade Setup ($BTC idea):
Entry: Breakdown below 4H support
TP1: Recent swing low
TP2: Next demand zone
TP3: Liquidity below
SL: Above 4H swing high
BTC
68,510.95
+4.55%