$BTC | Update (1D)

Searching for something like this going into the monthly close / new month.

Today’s candle is most likely the exhaustion candle we usually see at the end of trends. It’s only a matter of how high it extends before the close.

I think Wave 3 will be marked below the 82.8k high. Front-running it on the first pump would make a lot of sense because that would bait a lot of people who will be longing towards that high thinking it will likely be taken out now because "we came too close to it" while also front-running the obvious sweep of the high short setups.

Wave 4 at the 0.382 Fib around 73k, where we also have the current Daily Open with the shaved bottom.

For now, I expect BTC to range within this upper 75k–79k region for a while before the Next Bullish wave ↗️

GM✨

🤑 #BTC
Bitcoin Fear & Greed Index

Current reading: 67 (Greed)

Since bitcoin:native’s strong rally, the Fear & Greed Index has stayed above 60 for four consecutive days, shifting quickly from fear into sustained greed territory.
Market sentiment remains elevated as price continues to hold the recent gains.

💰 #BTC

Short Squeeze Complete. Long Pools Stacking.

Over the past week, short positions have been continuously liquidated. Only about $3B in residual short liquidation pools remain around $81,950.

Meanwhile, long leverage is heavily accumulating below. Between $75,500 – $77,100, an extremely large long liquidation cluster has formed, with a peak single-point liquidation of $3.8B and cumulative potential scale approaching $14B. The long side is now loading up.