๐๐“๐‚ ๐’๐”๐๐ƒ๐€๐˜ ๐‹๐ˆ๐๐”๐ˆ๐ƒ๐ˆ๐“๐˜ ๐“๐‘๐€๐ ๐ˆ๐ ๐๐‹๐€๐˜ โš”๏ธ๐Ÿ“Š



๐Ÿ”ถ $BTC weekend price action is showing classic liquidity manipulation behavior.

๐Ÿ”ถ First sellers were trapped with a downside sweep, followed by a strong expansion move upward.

๐Ÿ’Ž ๐–๐ก๐š๐ญ ๐“๐ก๐ž ๐‚๐‡๐€๐‘๐“ ๐ˆ๐’ ๐’๐‡๐Ž๐–๐ˆ๐๐†

๐Ÿ”ธ Seller liquidity was cleared near the lows

๐Ÿ”ธ Market expanded upward after the fake breakdown

๐Ÿ”ธ Now buyers are entering aggressively near resistance

๐Ÿ”ธ Upside liquidity hunt may be reaching exhaustion

โš ๏ธ ๐๐„๐—๐“ ๐๐Ž๐’๐’๐ˆ๐๐‹๐„ ๐Œ๐Ž๐•๐„

If buyers get trapped at current levels:

๐Ÿ“‰ Expansion back down could target:

๐ŸŽฏ $61K zone
๐ŸŽฏ $60.5K liquidity area

Weekend markets are famous for fake moves.

๐Ÿง  Smart money hunts liquidity before choosing direction.

#BTC $BTC โ€Œ
BTC2.98%
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 3
  • Repost
  • Share
Comment
Add a comment
Add a comment
GateUser-8947c5ff
ยท 1h ago
That 61K level indeed accumulated quite a few stop-loss orders, and the main players sensed the opportunity and moved in.
View OriginalReply0
ReadingContractsUntilMyEyesAre
ยท 1h ago
This kind of false breakout followed by a genuine rebound is a typical SM tactic. Wait until Monday's opening to observe the funding rate.
View OriginalReply0
OutsiderOfZhiyuandao
ยท 1h ago
The weekend liquidity trap is an old trick, first killing the bears and then the bulls.
View OriginalReply0
  • Pinned