The close at $67,137 might look like a recovery, but the underlying data tells a different story and is active. While prices drifted upward, the floor aggressively narrowed the "safe zone" for bulls. This isn't organic strength—it’s a distribution trap!
Institutional Flow: Spot CVD remains negative. Whales are using this "relief" to fill sell orders before the $62k floor is tested.
The "path of least resistance" remains down. We are watching the $62,086 level as the primary magnet. Don't let the noise at $67k distract you from the macro gravity!
— The Dec Digest Analyzing the signals, ignoring the noise.
$BTC "Heatmap Analysis: We are seeing a 1,200+ BTC sell-side cluster at $68,500. This 'Supply Ceiling' is perfectly positioned to crush the 4H relief bounce. Meanwhile, the bid-side is hollow until $65k. The path of least resistance remains DOWN."
$BTC "Watch the 8H MA at 67,810. We are currently seeing a 'fake-strength' flip. Note the RSI at 47.5—momentum is still controlled by the bears despite the price being above the MA. This is classic absorption."
BTC Liquidity Map: Why the 8H SAR Flip Signals a Structural Shift 📉⛓️
The current price action is a textbook consolidation phase under a heavy supply zone. While retail waits for a breakout, institutional flow suggests we are in a distribution range designed to trap late-long liquidity.
Key Technical Observations: Trend Exhaustion: We’ve seen a series of Lower Highs ($68.8k ➔ $68.3k ➔ $68.0k). This lack of follow-through buying indicates absorption by sellers.
The "Deceptive Relief" (2H Flip): We just saw a 2-hour SAR flip under the price. To the untrained eye, this looks like a reversal. To a strategist, this is a Bear Flag formation—a temporary relief bounce intended to gather "exit liquidity" before the next leg down.
The Squeeze ($65,190): The 8-hour Parabolic SAR is aggressively tightening. This isn't just a dot; it represents a trailing stop-loss cluster for automated trend-following systems.
The Liquidity Gap: Below the 8H SAR, there is a clear imbalance (FVG) down to the 12H/Daily SAR levels ($61.4k – $60.7k).
Strategic Positioning: I am maintaining my short entry from $70,367. The $68.8k "jump" was a classic Short-Squeeze Liquidity Hunt—it didn't change the macro structure.
Conclusion: If the 8-hour candle fails to reclaim the $68,500 Value Area High, gravity will likely take us to the $60,535 Daily SAR pivot. This is a game of patience and data, not emotion.
Are you watching the volume delta on these bounces? To me, it looks like institutional distribution. Let’s track the flip. 📊
$MDT Measurable Data Token (MDT) is the cryptocurrency of the Measurable Data Protocol, a blockchain-based data exchange platform. Here's a review of MDT, covering its price performance, technical indicators, and predictions:
* Recent Performance: MDT has shown significant price volatility. It experienced a surge in late 2021, reaching a high of $0.177, but has since experienced corrections. As of late August 2024, it is trading around $0.045. * Technical Indicators: MDT is currently exhibiting a bullish signal with a potential crossover of the 200-day moving average. This pattern has historically led to profitable gains. The Relative Strength Index (RSI) suggests that MDT might be oversold, indicating a potential price rebound. * Volatility: MDT is considered a highly volatile asset, with an estimated volatility of 3.79%. This implies that investors should be prepared for significant price swings. Fundamental Analysis: * Measurable Data Protocol: MDT's value is tied to the success and adoption of the Measurable Data Protocol. This platform aims to provide a decentralized and transparent system for data exchange, potentially disrupting the traditional data market. * Community and Development: MDT has a strong community and active development team. The project has received high scores for community metrics, sentiment, and credibility from some analytical platforms. However, it has received lower scores for awareness and development. Analyst Predictions: * Price Targets: Predictions for MDT's future price vary. Some analysts suggest potential growth to $0.1342 by 2025, while others are more conservative.
$BTC what is happening now is continuing to maintain high prices and trying to touch and pass the previous highest price
the current transactions do not reflect the actual supply and demand in the market, but show Bid and Ask transactions between accounts owned by a group of price manipulators (move one pocket to another)
this group continues to carry out activities like normal trading and aims to set the price position they want.
#MarketDownturn This decline is not only happening in the crypto market, but also in the global stock market, especially in Asia-Pacific Japan's Nikkei 225 index fell by 7%, extending the downtrend that began last week after the Bank of Japan (BOJ) announced plans to raise its benchmark interest rate to its highest level in 16 years This tighter monetary policy has raised concerns among investors, triggering a sell-off in various risky assets, including crypto In the next few months, selling pressure will still dominate Estimate that btc will possibly touch deeper and this will really shake the crypto market Hold on and let the market improve its position to be able to rebound, buying on the dip is still the main target...
if all (small) traders/investors together buy at low right now, it should be pumping and liquidated all short position (which is dominating by big players)