🚹 $BTC – Expansion or Rotation?

🔑 Price is rotating inside 68,100 – 68,650.


Liquidity sits:

‱ Above 68,700
‱ Below 68,150 and 67,950

Inside this box, asymmetry is limited.

Expansion only starts outside of it.

🟱 Long Scenario – Only On Acceptance

🔑Entry: Above 68,700


🎯 Take Profit:

TP1: 69,200

TP2: 69,800

❌ Stop Loss: Between 68,150 and 67,950

If OI expands aggressively into 68,700 without acceptance, that’s build into resistance — not strength.

🔮 Short Scenario – If Rejection Confirms


If price rejects 68,650–68,700 and fails to hold above:


🔑 Entry: 68,600–68,700 rejection


🎯 Take Profit:

TP1: 68,200

TP2: 67,950

❌ Stop Loss: Above 68,750

💡 Key Concept: We’re only looking for longs after price shows sustained acceptance above the 68,700 level. Do not chase price if it fails to hold above.

👀 Why this matters: We’ve seen price react to the 68,700 zone before, so confirming a real breakout could lead us higher. If OI (open interest) increases as price moves up, it will confirm the strength of this move. Watch for that.

📊 Take note: Liquidity levels around 69,200 to 69,800 may offer some resistance. Watch for price action around these areas to manage your position effectively.

⚠ This is structural analysis for educational purposes. Not financial advice. Always manage your risk carefully and adapt based on real-time movement.

#bitcoin #Derivatives #RiskManagement #sinceTheFirstBlock

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