🚨 MAJOR ORDER FLOW IMBALANCE: $BTC. INSTITUTIONAL SUPPLY IS OVERWHELMING AGGRESSIVE BUYERS AT THE 61.8K LEVEL. WE ARE SEEING A MASSIVE CVD DIVERGENCE: PRICE ATTEMPTING TO PUSH WHILE AGGRESSIVE SELLERS STACK ASK WALLS. THE LIQUIDITY GRAB ABOVE PREVIOUS HIGHS IS COMPLETE, AND THE ORDER BOOK IS HEAVILY SKEWED TO THE DOWNSIDE. MARKET MAKERS ARE POSITIONING FOR A FAST MEAN REVERSION AS OVERLEVERAGED LONGS GET TRAPPED IN THIS DISTRIBUTION PHASE. MOMENTUM IS ROLLING OVER.
EXECUTION:
ENTRY: 61787.2 $BTC
SL: 61933.2
TP1: 61450.0
TP2: 61100.0
RR: 1:2.3
IS $BTC HITTING A MAJOR DISTRIBUTION PEAK OR JUST A TEMPORARY SUPPLY FLIP BEFORE ANOTHER LEG UP?
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