The spring is coiling. $BTC volatility at 1.2% signals the calm before a move. Since my last update, the market has drifted lower, failing to reclaim the $63,894 EMA20, effectively confirming the bearish alignment (20<50<200). We are seeing retail exhaustion; with an LSR of 1.88, the crowd remains stubbornly long despite the lack of institutional conviction. Unlike my last focus on $ETH, today's data shows $BTC trapped in a narrow value area. The POC at $63,811 acts as a magnetic anchor, but the failure to hold the VWAP suggests we are hunting liquidity at the $61,529 level before any real trend resumes. My bias for the next 4-8 hours: Neutral-Bearish. We need a sweep of the $61.5k zone to flush over-leveraged longs. Overnight bias check — $BTC above or below daily VWAP?
📅 ON WATCH FOR NEXT SESSION:
- $BTC: Watch $61,529 for a liquidity grab.
- $ETH: POC at $1,775 is the line in the sand.
- $SOL: $69 support holding, but volume is thin.
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