BTC Reclaims 77,600
. 225 Million Liquidated. Next Target Is Liquidity.
BTC pumped to 79,500 on Sunday.
Shorts got liquidated.
Then it dumped to 75,000 on Monday. Longs got liquidated.
Total damage was 75,000 traders wiped out and 224 million in liquidations.
Both sides got taken. That was not an accident. That was a market maker clearing the board before the next move.
Price is now back at 77,673, up 1.39 percent on the day.
The 25 EMA at 77,190 is the next flip zone.
A clean break above 77,200 puts all three EMAs back in bullish alignment. That is the setup.
The liquidity map gives the roadmap.
There is 4.38 billion in short liquidation sitting above 80,000.
That is a massive fuel tank. Below, there is 1.9 billion in long liquidation below 75,000. The market maker has incentive to hunt both pockets.
The question is which one first.
The path of least pain is to take the larger pool. The 4.38 billion above 80,000 is the bigger magnet.
The FOMC meeting today is the potential catalyst.
If the Fed holds rates and signals cuts later this year, which is the consensus, the risk-on bid resumes.
If the statement surprises hawkish, the 75,000 long pool gets targeted first.
Support is 76,600 and 75,900.
Resistance is 77,200 and 78,000.
A break above 78,000 opens 79,500 and 80,000.
Stops below 76,500 protect against the downside liquidity hunt.
The board was cleared. The fuel is sitting above 80,000. The Fed holds the key.
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