I think we bottomed out on this cycle, and we're entering bull market with 48-50k first target of the long term trade.Based on OI data and RSI weekly bullish divergence.
I think we're forward for liquidity grab number 2, as you can see in the chart.Bullish divergence on RSI + after broke the support its pump hard back, max pain to the shorters with higher high.lets see
Nothing much to add, its as short term trade based on volume profile index.15700 target which i expect strong bid there and pump if we reach it and the trade is succesfull
The chart should point everything, sellers come in and drag the price to the purple crossed line(buyers stops mostly there, a lot of liquidity) then from there we may expect a bounce, decision time and new idea