$BTC update

Today is Monday, and as always it's the day you need to move with twice the calm. The Monday Range is precisely for this: it prevents you from getting ahead of the market when it hasn't yet decided what it wants to do.

Looking at the chart, however, the reading remains fairly straightforward. There's that grey area on the 4-hour timeframe that continues to act as a checkpoint: if the price manages to break through it decisively, it's very likely we'll see a squeeze towards the upper zone, the red one, where the true resistance of the move lies.

Below, we have the green box, which for me remains the most important level in terms of structure. As long as the market defends it, everything remains orderly. If it were to give way, then we would indeed see deeper bearish scenarios unfold.

In essence: three clear zones, each with its own function. The rest is just noise.

$BTC

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