I just noticed something interesting on the BTC chart in the 1-hour timeframe. The price is forming what we know as PO3, which is a very important pattern for understanding market dynamics.

For those who don't know, PO3 stands for Power of Three, and it basically divides market movement into three key phases: Accumulation, Manipulation, and Distribution. It's a framework that has helped me a lot to better read price movements.

Accumulation is where it all begins. Here, the market forms 3 resistances and 3 supports. If it breaks upward, it crosses those three consecutive resistances. If it falls, the three support levels collapse together. It's quite mechanical when you see it in action.

Then comes Manipulation, which is where things get interesting. This phase typically lasts 2 or 3 months and is where smart money plays with retail traders. They create false moves, liquidate positions, and then open in the opposite direction. Many retail traders lose their stops during this phase and give up, just when the big players are accumulating.

Finally, Distribution is the bullish rally. Although on shorter timeframes it may look sideways, it depends on the overall trend.

Right now, BTC is in the middle of this PO3 pattern with sideways movements. The price is at 80.17K with a +1.13% move in 24 hours. The interesting part is to see whether it breaks the resistances or falls to the supports. Either scenario will confirm if we are really in the PO3 pattern I mentioned.

This type of analysis is useful to avoid panicking during the manipulation phase. If you understand you're in PO3, you know false moves are part of the game. The key is to hold your position if you are confident, or wait for the pattern to complete before acting. That's why I constantly monitor these levels on Gate, where I can see the data in real time.