Price currently eyeing 93–94k for a liquidity grab before a potential sell-off targeting 85k during FOMC.
Watch for orderflow delta divergence and absorption near the highs. Volume profile suggests high-volume nodes around 94k could act as a rejection zone.
If price fails to hold above daily bands on rising sell-side delta, watch for breakdown toward 85k, confluent with previous low-volume node and monthly open support.
Weakness confirmed on high time frame volume spread decline and loss of 3-day comp structure
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$BTC
Price currently eyeing 93–94k for a liquidity grab before a potential sell-off targeting 85k during FOMC.
Watch for orderflow delta divergence and absorption near the highs.
Volume profile suggests high-volume nodes around 94k could act as a rejection zone.
If price fails to hold above daily bands on rising sell-side delta, watch for breakdown toward 85k, confluent with previous low-volume node and monthly open support.
Weakness confirmed on high time frame volume spread decline and loss of 3-day comp structure