GateUser-7bd292f7

Hard to tell yet. The market just opened, let's give the price some room to breathe. $btc

Weekly consolidation, POI above. On LTF it almost reached VAH but missed slightly. $btc

Quick tap into VWAP and sell-side imbalance; weekend price action cleared the short buildup $btc

The weekly timeframe is still rotating within this consolidation. There is no auction acceptance below VAL. According to auction theory, VAH is strong resistance. On higher timeframes, you should wait for LTF short signals instead of placing limit shorts. $btc

The clear rejection signal mentioned yesterday. $btc

On the weekly timeframe, I’m considering this possibility — price pushes up first and then comes back down. On LTF, I’m waiting for the reaction at nPOC before closing all short positions. $btc

Pay attention to the two lines above on the weekly timeframe; price is still inside the consolidation. Observe the reaction at LTF nPOC and VAH. $btc

If price reclaims this area, it would give a clearer rejection signal. There were indeed long entries at the morning open. $btc

LTF is currently consolidating at a small timeframe. VAH shows rejection, targeting VAL, while observing the reaction at VAL. $btc

Indicator divergence. Price returned to this week’s VWAP. High-level long entry. $btc

When price reaches VWAP, it’s hard to say that shorts are continuously adding to losing positions. Because OI isn’t showing a continuous increase, and there hasn’t been the kind of rapid upward move typical of a short squeeze. $btc

Weekly internal consolidation, rejection at last week’s VAH. Two LTF perspectives; the smaller timeframe is currently not very clear to judge. $btc

Indicator divergence. Bulls are chasing the price. $btc

Weekly consolidation within balance. Last week showed rejection. On LTF, observe how price behaves when entering the upper VA — whether rejection forms. $btc

There are short sellers underwater here in the short term. Watch whether OI increases. $btc

Two VA on the LTF Watch whether price can reclaim VWAP here and form a HH. $btc

If this weekly IB fails to hold as support, then price will move directly downward. $btc

Anyway, I won’t chase shorts here — I’ll stick to the trading plan. $btc

On the LTF, I want to see the reaction when SP gets filled, or a rejection from the upper VA before executing a trade. $btc

HTF looks quite bad. Let’s stick to the original plan. $btc