$BTC

BTC
BTCUSDT
73,864.5
+0.60%

Trading below the key level of 76s 2 week comp low once again.

Both weekly and daily 12/25 ema bands exhibit sellers still continue to remain in control.

When both are shaped this way, its generally the direction I want to flow with not against - until theres a meaningful push away from the bands into a key level, often confluent with a decent enough liquidation event.

Some signs of aggressive buying on perps around these lows - but spot selling flow appears to be the dominant factor.

73.7s - previous month vwap

71s - previous months value area low

Overall - I continue to remain short from 81.5s

What gives... #BTC #Liquidations $ETH $ZEC

ZEC
ZECUSDT
528.13
-0.51%
ETH
ETHUSDT
2,024.26
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