$BTC 📊
From an Order Flow perspective, it's crystal clear that we're in a pivotal and crucial area for the market.
We're witnessing significant trading volumes and a rise in Delta, indicating that the shorts have started to close their positions or rush to cover their exposure while the price remains above the $82K level — so consider this level to be absolutely key. 🔑
Additionally, the price is trading above the previous profile, and at the end of the TPO range, which increases the importance of the $82K area; because dropping below it could push the market to hedge and apply selling pressure again. ⚠️
On the bullish side, it's relatively straightforward:
We need to see continued aggressive covering of short positions in the Perps contracts, along with a clear Premium and sustained Spot Buying. 🚀📈
As long as the buying momentum persists and the shorts are under pressure, the market could continue to rise strongly. 🔥
#BTC #Bitcoin
#Crypto #OrderFlow #Trading #Perps #Binance