$BTCUSDT update
currently the nearest support area is at 108-110k level
with the resistance level around 120k
I am sure that many have definitely been liquidated and wiped out who went long last night..
seeing the liquidity price that far (see the tail from 102.5k-110k, a difference of 8k usd), it can be considered that there is a big buyer entering there and has successfully filled all its entries
it can be seen from the price that immediately wicked back up to support 110k..
conclusion :
- those who FOMO long last night have been liquidated
- whales who queued at the bottom 100k have all been hit (the price immediately spiked back to 112k currently)
- the market should slowly be ready for LONG...
many fresh alts that have hit daily support .. there should already be many that can start entering long..
#TrumpTariffs #MarketPullback
currently the nearest support area is at 108-110k level
with the resistance level around 120k
I am sure that many have definitely been liquidated and wiped out who went long last night..
seeing the liquidity price that far (see the tail from 102.5k-110k, a difference of 8k usd), it can be considered that there is a big buyer entering there and has successfully filled all its entries
it can be seen from the price that immediately wicked back up to support 110k..
conclusion :
- those who FOMO long last night have been liquidated
- whales who queued at the bottom 100k have all been hit (the price immediately spiked back to 112k currently)
- the market should slowly be ready for LONG...
many fresh alts that have hit daily support .. there should already be many that can start entering long..
#TrumpTariffs #MarketPullback