On $BTC , we are clearly in an absorption zone around 76k. Sellers are still defending the upper part of the range with large liquidity walls between 78k and 79.5k, while buyers are gradually positioning themselves lower, especially between 76k and 75.5k. Liquidity is being withdrawn above the price and added below, indicating a potential move rather than a direct continuation. As long as the bids hold, the market is more likely to test below 76k rather than break cleanly, and the reaction in this zone will determine whether there is a rebound or continuation. Net loss of the 75.5k zone = invalidation and bearish acceleration.
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On $BTC , we are clearly in an absorption zone around 76k. Sellers are still defending the upper part of the range with large liquidity walls between 78k and 79.5k, while buyers are gradually positioning themselves lower, especially between 76k and 75.5k. Liquidity is being withdrawn above the price and added below, indicating a potential move rather than a direct continuation. As long as the bids hold, the market is more likely to test below 76k rather than break cleanly, and the reaction in this zone will determine whether there is a rebound or continuation. Net loss of the 75.5k zone = invalidation and bearish acceleration.