Context:
šµ Open Interest is slightly increasing ā healthy position building (likely shorts).
šµ Top Traders Ratio is decreasing ā top traders are positioning short.
šµ CVD Spot & Futures are declining ā no real spot buying support behind the price.
šµ Funding Rate is neutral ā no immediate short squeeze risk.
šµ Optical Liquidity Map shows a cluster of short liquidations slightly above current price ā possible liquidity grab.
Technical Structure:
šµ Bounce on the Reload Zone (61.8%-78.6%) ā normal technical reaction.
šµ Possible Liquidity Grab just above 95k to clear weak shorts.
šµ After the grab, expecting a strong rejection to the downside, targeting the CME Gap around 91ā92k.
Scenario:
š Small upside move to grab liquidity around 95.5kā96k.
š Then bearish continuation toward the CME Gap (~91ā92k).
Invalidation:
š« If strong spot buying steps in and price holds above 96k with strong volume ā scenario invalidated.
ā Otherwise, bearish continuation remains the main probability (70%ā75%).
šµ Open Interest is slightly increasing ā healthy position building (likely shorts).
šµ Top Traders Ratio is decreasing ā top traders are positioning short.
šµ CVD Spot & Futures are declining ā no real spot buying support behind the price.
šµ Funding Rate is neutral ā no immediate short squeeze risk.
šµ Optical Liquidity Map shows a cluster of short liquidations slightly above current price ā possible liquidity grab.
Technical Structure:
šµ Bounce on the Reload Zone (61.8%-78.6%) ā normal technical reaction.
šµ Possible Liquidity Grab just above 95k to clear weak shorts.
šµ After the grab, expecting a strong rejection to the downside, targeting the CME Gap around 91ā92k.
Scenario:
š Small upside move to grab liquidity around 95.5kā96k.
š Then bearish continuation toward the CME Gap (~91ā92k).
Invalidation:
š« If strong spot buying steps in and price holds above 96k with strong volume ā scenario invalidated.
ā Otherwise, bearish continuation remains the main probability (70%ā75%).
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.