reiiss7

In the Markdown phase, price usually holds each supply zone, without any major liquidity grabs. As such, I believe 96k Shorts will be safu, and SL above 96.1k is good. Looking for the next level - 83k! P.S. the liquidity grab above 96k isn't done in this case so bears don't get filled.

Today the market has shown its hand, I think it will drop now. There was some local accumulation, but only up to the supply zone. It was a difficult situation to predict. Anyway, for ETH, many will buy at 1200's , 1300's , 1400's and be forced to sell at the bottom. It may even go under 1k but this is low enough for low leverage or spot.

I believe this happens frequently, the trendline area tests, it drops a bit then the real fake pump happens. A huge obnoxious 8 hour candle with potential ltf buying. I think we had some good news and a random dump, it usually doesnt happen this easily (usually)In my opinion we will hold this zone until February/MarchI am short still on the 115k order still in case it tanks and I'm wrong But at the moment we still have to wait to see what happens. There is a good chance it may have only been local accumulation. But after seeing the 8 hour, it feels trappy. Let's seeLooks like it's over now. No final pump.

I believe this happens frequently, the trendline area tests, it drops a bit then the real fake pump happens. A huge obnoxious 8 hour candle with potential ltf buying. I think we had some bad news and dump never happens this easily (usually)

I believe this happens frequently, the trendline area tests, it drops a bit then the real fake pump happens. A huge obnoxious 8 hour candle with potential ltf buying. I think we had some bad news and dump never happens this easily (usually)

A huge obnoxious 8 hour candle with potential ltf buying. I think we had some bad news and dump never happens this easily (usually)

The last Short was clearly premature, and was based purely on a technical level. Volume bust through it. Had I have waited for a stall and confirmed Distribution, the situation would have been better. Now that Shorts have been wiped, and the majority of the market is in a Long, I believe we can now drop to the first major bounce at 81.1k. When one side starts winning for an extended period of time, the losing side becomes "Unfavourable". Many who opened a Short and lost, fear opening another.

I didn't think this supply level would hit this quickly. 116,888 was the previous supply level, and BTC strongly rejected here after a "bullish" 4h close. It seems likely the drop can happen now. It could also liq grab to 118.6k but less likely now. SL 118.9k!

After today, it is in my opinion that the drop will be DELAYED! I believe we will visit around 110k or lower, get everyone shorting and then 116.8k-117.4k will be revisited for a "BULLISH OCTOBER" before 100k breaks down The majority loses

Both BTC and ETH and lots of other coins are done. There will be some outliers. A new range with breakouts and breakdowns above and below 4k would make a lot of people lose money. I expect sideways in this range for some time. Levels of interest are 3606, 3839, 3865