Non-Farm Payrolls for Dec tomorrow at 8:30am EST and the bar is pretty low as you can see, but bigger risk is a decision by the Supreme Court on Tariffs, they may or may not give a decision tomorrow, but they start their session at 10am EST. #writetoearn #USTradeDeficitShrink #ZTCBinanceTGE
⚡️ UPDATE: Bitget’s 2026 goal is to build a universal exchange, lead with AI tools, expand with compliance, and grow into a next-gen J.P. Morgan, says CEO Gracy Chen. #USTradeDeficitShrink #ZTCBinanceTGE #writetoearn
$BTC $89.5k has lots of aggressive sellers and what I am going to tell next is VERY IMPORTANT!
1) Aggressive sellers were present just below $90k support but there distribution was absorbed with aggressive buyers. The price & candle close above that candle absorbing and trapping those shorts.
2) Usually these shorts stay trapped and price isn't likely to return there, for a while atleast, so the shorts feel more and more pain.
3) If buyers want, they can liquidate these shorts in order to fuel the next pump here, but we will need aggressive buyers to help us close above previous week high $91.7k.
If we manage to close above $91.7k that's your signal for further continuation in Bitcoin. (Longs)