Many are waiting for a quick breakout and continuation of the trend. But the problem is that this zone has already been 'overtraded' too much.
What is really happening here?
🔹 Great historical volume
In this area, the market has been flat for a long time. Here:
accumulated positions
locked in profit
stuck in the negative
When the price comes back here — old orders are activated. This automatically creates resistance.
🔹 First test ≠ breakout
Such levels almost never break 'head-on'.
The market is more often:
responds with a bounce
enters a flat
collects liquidity on both sides
And only after that decides what to do next.
🔹 Psychology is stronger than technique
For most traders, this is a familiar zone:
“I was selling here”
“I got stuck here”
“I am shorting here”
Therefore, the price does not fly here — it struggles.
A healthier scenario for the market:
✔️ retracement below → liquidity removal → re-approach
or
✔️ time + flat → digestion of volume
🚫 A quick breakout without pauses — a less likely scenario.
Conclusion:
This is not a final ceiling for BTC, but the market rarely passes such zones on the first go.
This is where those who believe in a 'direct breakout' are most often caught.
👉 Always think in scenarios, not directions.#BTC #bdlyaw $BTC
