BTC 4h update: Bounce to SZ - dump below DZ - V shape recovery
Update of 9 Jan Post:
Demand Zone Interaction:
Price briefly dipped into the demand zone, validating our structural expectations ✔
Current Structure:
Consolidation above the yO has maintained the bullish framework.
Near-Term Outlook:
A breakout above the 4H 200EMA (96k) could drive a test of the local supply zone. However, a rejection from the psychological 100k level is likely, leading to a revisit of the demand zone (or even lower imo, to gather more fuel for the next leg up as lots of SL sit below the demand zone).
Strategic Insight:
A sharp drop would likely trigger a strong V-shaped recovery. Use this volatility to strategically top up perp accounts and prepare for the rebound 😈
This aligns with the larger market structure, balancing short-term opportunity with mid-term caution.
HIGHER BY FEBRUARY
LIKE & SUBSCRIBE
Demand Zone Interaction:
Price briefly dipped into the demand zone, validating our structural expectations ✔
Current Structure:
Consolidation above the yO has maintained the bullish framework.
Near-Term Outlook:
A breakout above the 4H 200EMA (96k) could drive a test of the local supply zone. However, a rejection from the psychological 100k level is likely, leading to a revisit of the demand zone (or even lower imo, to gather more fuel for the next leg up as lots of SL sit below the demand zone).
Strategic Insight:
A sharp drop would likely trigger a strong V-shaped recovery. Use this volatility to strategically top up perp accounts and prepare for the rebound 😈
This aligns with the larger market structure, balancing short-term opportunity with mid-term caution.
HIGHER BY FEBRUARY
LIKE & SUBSCRIBE
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