It seems that the liquidity dropped below 40K, and I don't see any selling pressure yet. There even appears to be a sense of panic selling. Based on the liquidity gathering at this level, I'm inclined to speculate that liquidity will be taken for a short position above 49K.
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.