$BTC

This week's price opened within the range of last week's profile, so we have balance. In such a case, the context is maximally simple—work either with the upper boundary or the lower boundary of this profile.

That is, short positions are considered around 93k, and long positions around 89.7k. Of course, you should add additional arguments and confirmations when the price is in those zones for opening positions.

Also, pay attention to the CVD (cumulative delta), the chart below. I wrote to you about it last week, and as we can see, after the latest market buy posts, the buying pressure continues. Therefore, we can conclude that initiative has now shifted to the side of market buyers, which hasn't happened for a long time.

From you ❤️

BTCUSDT

Perp

76,155

-3.34%