The #BTC is following the expected fluctuation for the weekend, $89K/ $92K. We don't need much, just a daily close above $90K is already something good.

$BTC

AGAIN we made a good attack in the red region on the chart where we are seeing fierce resistance, unfortunately it was not enough to break that region.

A few hours ago we had the expiration of Bitcoin options, which obviously caused some volatility, as we were over $ 4 billion. And also a significant amount of Ethereum options,

Again we returned to $90K which has been acting as good support (I added a yellow band on the chart). This region should act as support so that we can still have a good weekend with positive prices.

We had a liquidation of $140,000,000 in 60 minutes, just because the price dropped -2.50%, it's surprising, this shows how leveraged the market is, I don't understand how people can't maintain a simple strategy:

We have been trying to break $94K (red band) since November, and EVERY time without success, the nearest support is at $90K, which leaves a fluctuation channel of 5%. WHY DON'T PEOPLE WAIT FOR ONE OF THESE REGIONS TO BE BROKEN? Or simply reduce leverage so that a fluctuation within this scenario doesn't hit their liquidation prices?

Sometimes I think that people don't care about losing money in the futures market because the SIMPLEST strategy of all that I mentioned would have already avoided all these recent liquidations.

"IF YOU KEEP LEVERAGING LIKE THERE'S NO TOMORROW, AT THIS POINT, YOU WILL KEEP BEING LIQUIDATED, WAKE UP!!!"

Moving on...
Let's start a new 4h candle, so this is the one that will define the next movement, so you want to pay attention to it.

The same thought:
The Bulls today continue with the same goal as before (to keep $90K as support). Losing here would put us again at the lowest point of the drop, which is not a good idea. We need to recover $91.3K, as it would position us above the EMAs 50/100 (4H) AGAIN.