$BTC Liquidity Update & Possible Scenario 📉

Current market structure remains bearish, with price recently dropping from 72,000 → 67,600 almost without pullbacks and forming a narrow consolidation 📊

Liquidity data shows an interesting setup:

Long positions: ~$100M in drawdown 🔴

Short positions: ~30M in profit 🟢

Both sides are under pressure, indicating the market is in a liquidity trap ⚠️

Key insight:

There is significantly more liquidity on the long side → making it a likely target 🎯

Most likely scenario (assumption):

1️⃣ Short-term bounce possible 📈 (to trap late longs / squeeze weak shorts)

2️⃣ Rejection from temporary resistance (~67,800–68,200) ❌

3️⃣ Continuation to the downside 📉

4️⃣ Liquidity sweep towards 66,000 → 65,500 💧

Market rarely moves straight — expect volatility and fake moves before the real direction 🔄

Main idea:

❌ Don’t chase the lows. Wait for a pullback and clear confirmation before entering any new positions ⏳

$ETH $SOL