63000 held for a day, but eventually broke.
Tonight's 1-hour volume candlestick is a bearish one, directly piercing through 62381. The VP (Volume Profile) empty zone below has almost no support, and the price dropped quickly, stopping around 62000.
Currently at 61966, all four cycles are leaning bearish, marking the first signal of the day.
Structurally, the 1H double top has a quant target of 61308, just below. The 4H head and shoulders neckline is at 61150; this line is the most crucial level tonight.
The range from 61150 to 61300 is a must-hit for the whales. There's over 70 million dollars in long positions stacked below; pushing into that area could trigger a liquidation cascade, making it the best time to enter long after the dust settles.
Conditions for confirming a bottom:
A long lower shadow with volume near 61150, with the candlestick closing back up and a noticeable increase in volume—these three must align. If the price hits without volume, wait for the next candlestick.
Once the bottom is confirmed, the rebound target is 62700, with volume confirming at 63000.
Tomorrow at 20:30, CPI is the biggest variable, so keep your positions light tonight; don’t go heavy on direction.
Don’t jump in haphazardly; wait for the signal at 61150.
Zhu Bajie’s big stage—if you’re trapped, just come here.
Tonight's 1-hour volume candlestick is a bearish one, directly piercing through 62381. The VP (Volume Profile) empty zone below has almost no support, and the price dropped quickly, stopping around 62000.
Currently at 61966, all four cycles are leaning bearish, marking the first signal of the day.
Structurally, the 1H double top has a quant target of 61308, just below. The 4H head and shoulders neckline is at 61150; this line is the most crucial level tonight.
The range from 61150 to 61300 is a must-hit for the whales. There's over 70 million dollars in long positions stacked below; pushing into that area could trigger a liquidation cascade, making it the best time to enter long after the dust settles.
Conditions for confirming a bottom:
A long lower shadow with volume near 61150, with the candlestick closing back up and a noticeable increase in volume—these three must align. If the price hits without volume, wait for the next candlestick.
Once the bottom is confirmed, the rebound target is 62700, with volume confirming at 63000.
Tomorrow at 20:30, CPI is the biggest variable, so keep your positions light tonight; don’t go heavy on direction.
Don’t jump in haphazardly; wait for the signal at 61150.
Zhu Bajie’s big stage—if you’re trapped, just come here.