Update BTC 05/11

- BTC has dropped to sweep liquidity around the 100k region. This is a strong support area, where clear buying pressure was previously observed during past corrections. Currently, the price shows signs of stabilizing and is reacting for the first time around this area; however, the upward structure has not yet formed clearly. During this phase, it is highly likely that BTC will continue to fluctuate, bouncing up and down around the 100k region to shake off weak Long positions before entering a real recovery phase. Please note, the price may still sweep down to the 97–98k region to gather the remaining liquidity before bouncing back up. Therefore, you should continue to patiently observe, waiting for BTC to show clear confirmation signals of a reversal on the H4 chart (such as a double bottom pattern, a pin bar candle, or bullish divergence on the RSI) before considering a Long position.