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SMC+Coinank: BTC trading visualization, so awesome. #BTC
Last night, Bitcoin first swept away the SSL below the 4-hour level (seller liquidity),
I also saw on Coinank's chart a large amount of institutional limit orders appearing at the key level of 80,000,
After clearing the 4H SSL, a dense cluster of green balls appeared on Coinank, being trapped in a gourd, which means a large number of retail longs were concentrated and washed out.
The institutional players are placing limit orders at the 80,000 level to absorb (drop below the low point, retail panic selling),
harvesting retail liquidity and completing their large-scale position building.
Based on Coinank's order flow data + SMC, I can clearly see the institutional intent and liquidity game,
truly achieving full visualization of the trading process, with every step supported by logic, and operations are fully under control.