Huge liquidity shift.
$BTC dropped to $74,000 last night sweeping additional leveraged liquidity before bouncing back to $78,000 this morning.
Now, a fresh liquidation cluster has been created at $74,000 below, leaving open the possibility of a re-test.
However, there is a lot more liquidity sitting at the $78,000 - $81,000 zone making it more probable price revisits this area next.
On the higher timeframes, $85,000 - $87,000 still has an insane amount of liquidity left behind, which you expect to be taken at some point.
Bull are attempting to respond here.
SOLUSDT
Perp
98.6
-5.27%
ETHUSDT
Perp
2,174.19
-7.05%
BTCUSDT
Perp
74,516.7
-5.14%