Looks like BTCUSDT is working on a potential spring which would negate my previous idea as this being redistribution. Looking for a short scalp here until price falls into the demand zone.
Note
Correction this current decline would be LPS and not the spring. If this is the case, we could potentially see a up breakout here which I will keep an eye on. This is definitely a shake out area and risky to trade in, so keep tight stop losses and be ready for anything
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