After the big volume sell off at $60K, everyone started calling the bottom.
That's not how bottoms work. The selling climax only stops the bleeding. It doesn't reverse anything, and it actually shows you how strong the downtrend is.
After the big flush you still need the bounce, the retest, months of range building, the shakeout that wipes out the last sellers, and then confirmation that buyers actually have control.
That's 5 phases. Most of them take months. We haven't even started.
Look at what happened after the climax. Price bounced into a range between $66-71K. Volume never dried up, and actually increased inside the range.
That's not signs of accumulation for a reversal. In a real bottom, volume decreases as the range develops because sellers lose interest. Here, sellers stayed active the entire time.
Big volume at the bottom of a move means one thing. The move stopped. Not that it suddenly reversed.
Massive difference between the two, and most people have no idea.
We had lots of liquidity build up under the equal lows of $65k, and the idea here is that MM takes them first, and then we go for the range high liq at $72k+.
Imo its even better that this happened straight after the weekly close... it's usually a start of the week liquidity hunt that reverses as a fake out.
Can see some chop into the $63k's first -> Continuation to range lows invalidates it. {future}(BTCUSDT) #BTC100kNext? #BTCVSGOLD #BTC #TrendingTopic
We had lots of liquidity build up under the equal lows of $65k, and the idea here is that MM takes them first, and then we go for the range high liq at $72k+.
Imo its even better that this happened straight after the weekly close... it's usually a start of the week liquidity hunt that reverses as a fake out.
BNB is currently trading around 619, reacting cleanly from the 590ā610 higher timeframe demand after the aggressive sell-off from 780ā800 earlier this month. That bearish leg already delivered its liquidity sweep into 580ā600, and price is now stabilizing rather than cascading lower.
š Market Structure Overview Three key zones define the range: ⢠Major Supply: 760 ā 780 ⢠Mid-Range Supply: 680 ā 700 ⢠Key Demand: 590 ā 610 Price is compressing above demand with short-term higher lows forming ā a typical absorption pattern. Sellers are no longer printing strong continuation candles, while liquidity rests above recent local highs.
š Bullish Confirmation ā 4H close above 640 ā Sustained higher lows above 600 ā ļø Bearish Invalidation ā Clean 4H close below 590 ā Opens path to 560 liquidity ā Confirms demand failure Structure favors upside rotation while demand holds. Best RR remains near the lower boundary ā not mid-range.
After the sharp impulse into 1.66 and immediate rejection, XRP printed a clear lower high and has been consolidating beneath the 1.50ā1.52 supply zone. The breakout failed to sustain, and the price has transitioned into distribution rather than continuation.
Current structure shows lower highs forming while support around 1.40 is repeatedly tested ā a typical sign of weakening demand. The range is tightening, but momentum favors sellers as long as price remains capped below 1.52.
Liquidity sits cleanly below 1.38, with the 1.34 level acting as the next magnet. A flush into that zone would complete the range rotation and sweep resting stops under equal lows.
Only a decisive reclaim above 1.56 shifts short-term bias back to bullish. Until then, structure leans heavy with a move toward 1.34 highly probable.
$XRP pushing into lower highs ā higher timeframes still heavy.
Trading Plan ā Short $XRP
Entry: 1.40 ā 1.43 (intraday pullback)
SL: 1.50
TP1: 1.35
TP2: 1.32
TP3: 1.28
On the H1 chart, XRP printed a clear lower high at 1.49 after failing to reclaim the prior 1.51 swing. From there, price rolled over aggressively, breaking beneath the 1.44 and 1.42 supports with expanding bearish volume. The recent bounce from 1.38 looks weak and corrective, not impulsive. Structure is now firmly bearish with consecutive lower highs and lower lows. Sellers are in control, and any retracement into 1.40ā1.43 likely offers continuation entries rather than reversal signals. As long as the price stays capped below 1.50, the bias remains to the downside. Liquidity rests under 1.38 and 1.32 ā both natural magnets in the current momentum phase. Reclaiming 1.50 would invalidate the immediate bearish structure. Until then, the trend leans heavily.
Trade $XRP with perfect entry here š {future}(XRPUSDT) #xrp #Xrpš„š„ #bearishmomentum #TrendingTopic
Longest consolidation range since the $0.90-$1.00 zone.
As long as local support holds, breakout still favours the upside. Clear minor high now established within this local range.
First move is probably a wick sweep that gets rejected by trapped longs, then price attempts to reach $0.81. Measured move of the rectangle puts the target around the same area.