The liquidity distribution is very clear for BTC within this price range.
After experiencing a continuous and large-scale sell-off 1-2 weeks ago, the $97K-$98K area has accumulated a large amount of Liquidity. This has led to a series of slightly lower highs, forming a huge Liquidity range. The $97K-$98K range also aligns with a significant horizontal price level. So overall, this is a good area worth paying attention to.
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The liquidity distribution is very clear for BTC within this price range.
After experiencing a continuous and large-scale sell-off 1-2 weeks ago, the $97K-$98K area has accumulated a large amount of Liquidity.
This has led to a series of slightly lower highs, forming a huge Liquidity range.
The $97K-$98K range also aligns with a significant horizontal price level.
So overall, this is a good area worth paying attention to.