$BTC is still dropping (12H) 💥📉
$BTC has indeed liquidated the liquidity above the structure, then did it again below the price.
This is not a "random movement", but a liquidity hunt by market makers before pushing in the downward direction.
📌 The message is clear:
- Bearish CHoCH = the shift has ended in favor of sellers
- Liquidation of upper + lower liquidity = gathering stop-loss orders
- Then comes the temporary bounce (to liquidate weak hands)
- After that, the drop resumes within the structure
🎯 What we expect next:
- A small bounce upwards (liquidity pull)
- Then the drop continues within the structure
- The next target is a lower liquidity level (L lower)
BTCUSDT
Perp
89,230.5
+0.64%