$BTC doesn't seem to have much liquidity left below 57K on the higher time frames. Without that fuel, there's really no strong reason for price to keep pushing lower right now. 🔔

If we tap into those levels though, it sets up a clean scalp long opportunity.
That said, if 57K gets taken out anyway, even without liquidity sitting there, we could see a move down toward the 53K zone. This area is getting close to what might be a real capitulation point.