$BTC In its usual way, the setup gets confirmed on the second day of the week. That’s why I skipped the local review yesterday and waited for today.

At the local high, between $81395 and $82811, price formed an RB with absorption. The liquidity here wasn’t swept, and no inefficiency was cleared, but the zone absolutely reeks of manipulation. For me, that block is a valid daily price action element ↓

After that RB, with confirmation on the x‑1 timeframe, price dropped toward the daily elements in a bearish trajectory. The first FVG between $80640 and $80480 got inverted, and then price reacted off the second one, $79750 - $79420, forming an RB in the range $79975 - $79120. That squeezed price between $82811 and $79120.

Once price hit the second 1D FVG, a 4H VC came in, pushing price toward the next daily element. The first of those was the already inverted FVG at $80640 - $80480. Key point here: when a strong order flow is broken, and the first valid element fails to give back any reaction, price usually tries to correct about half the impulse. That’s exactly what happened. The inverted FVG did nothing, and the local high RB became the main target ↓

From Sunday night to Monday morning, a strange manipulation pushed things around. That area got over‑run later, and the long wick prevented a 4H FVG from forming as a clear VC out of it. I didn’t wait and opened a short around $81340. A more conservative approach would have required an actual VC to form, and that only printed in the night from Monday to Tuesday ↓

Over the last two days, a fairly big liquidity cascade has built up on the 4H timeframe. Its sweep will let me push the position to breakeven, give fuel to the bears, and potentially form an RDRB. I’ve already laid out how I feel about that element. But the textbooks do treat it as a valid VC. In the context of a 1D VC, that’s a narrative toward $70,000 and lower, or even a full clean‑out of everything accumulated over the last three months.