BTC Technical Update: Previous High Stop Hunt Suspected Completed ⚠️ Continuing with the updated citation below, today I will update you on the technical status of BTC; If you are a friend who has not read the previous post yet, it is recommended to take a look first During the last update, BTC was going through an extremely tedious phase of volatility convergence, Shortly after the post was published, the market experienced a wave of gains, but it seems .. ： As shown in the attached figure, I have emphasized multiple times: The range of 80-95K is a large oscillation range since the sharp decline on November 21 last year. The upper and lower bounds of the interval are marked as shown in the figure, which is almost identical to the one I updated last time, The only difference is that the market is gradually giving us more signals 」 In short, several key points are summarized as follows: ➡️ BTC temporarily breaks free from low volatility phase, experiencing a wave of rise ➡️ When it rises to the high before the range (94.5K), there seems to be a Stop Hunt ➡️ At the same time as the occurrence of Stop Hunt, the Maker indicator also indicates significant resistance to upward movement ➡️ The liquidity aggregation zone between 83.5 and 86.3K has not yet been hunted My old friends who are familiar with my technical analysis trading system know that, Stop Hunt is basically the "main pillar" in my trading system, This analysis method is mainly based on liquidity and has extremely high accuracy in handling volatile market conditions. If you are a new friend or someone who wants to delve deeper into its principles, You can refer to the learning resource compilation at the end of this article // Returning to the main topic, in my previous posts, I have repeatedly mentioned: I hope to see BTC complete a Stop Hunt to bottom out of its previous low of 80.5K. Nowadays, BTC's line shape is in the large oscillation range of 80-95K, Suspected of a Stop Hunt targeting Range High ⚠️ If the Stop Hunt is confirmed to be effective, then the liquidity gravity below 83.5-86.3K, It will become the 'best catalyst' for this decline, further 'sucking' prices down. To avoid anyone not understanding the concept I am trying to express, I would like to reiterate: I once wrote in the article 'Two Entry Methods in Personal Contract Band System', I have shared a concept with everyone: If Stop Hunt is established, then the target is the reverse liquidity aggregation zone. In other words, if you do a Stop Hunt on Range High, the target is Range Low; Vice versa. Two entry methods in the personal contract band system: https://(((((((x.com)))))))/market_beggar/status/1940221638618095904 // At this point, I believe most of my friends can understand my bias. To summarize briefly: ➡️ Suspected completion of Stop Hunt for Range High (94.5K) ➡️ The liquidity accumulation zone below has a gravitational effect, which may further promote a decline ➡️ Overall, the current linear situation has increased the probability of bottoming out for the low Stop Hunt before 80.5K Of course, this is just one type of script, and it is also the script I most hope to see; If the price does not return to the liquidity accumulation zone below and instead rises directly, From my personal system perspective, I believe the first resistance zone above is 99K, That's what I marked above in the attached image as' red ' 」 Resistance zone. If you ask for my own opinion, I am currently more inclined to hunt for liquidity below first, It is best to conduct a Stop Hunt directly for 80.5K, Clean up the liquidity below together, so that future increases can proceed more smoothly The above is today's content, hoping to be helpful to everyone // Related reading resources (Stop Hunt series concept compilation post) Detailed tutorial on the concept of Stop Hunt https://(((((((x.com)))))))/market_beggar/status/1907261008059777200 Trading Q&A: Two Entry Methods in the Personal Contract Band System https://(((((((x.com)))))))/market_beggar/status/1940221638618095904 RektProof Model Translation&Personal Insights https://(((((((x.com)))))))/market_beggar/status/1942398983831445608 Full disclosure of practical experience: How to perfectly predict the two waves of ETH surge through liquidity https://(((((((x.com)))))))/market_beggar/status/1959793243404829167 The Three Major Misconceptions of Clearing Maps https://(((((((x.com)))))))/market_beggar/status/1917035867589513680 Berg Creation Group ‼️ (Open for free, welcome to play together, join and you can also draw U): https://(((((((x.com)))))))/market_beggar/status/2008354482858672571