In the short term, we are currently observing a major compression phase between two critical liquidity zones.
There is aggressive selling pressure in the market, and the absence of a bearish price gap confirms that buy limit orders are absorbing the entire outgoing flow. This imbalance between the aggressiveness of sellers and the resilience of buyers suggests accumulation or that the price is being maintained within a narrow zone to exhaust the supply.
The $87,500 zone now acts as a decision pivot: a genuine value construction above, accompanied by the disappearance of upper sell walls, could trigger a short squeeze towards $88,200.
Additionally, this is the zone of our weekly VWAP, which has not been broken after several tests, as well as our VAH. Staying above this zone with the US open could really give us an opportunity to go higher.
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In the short term, we are currently observing a major compression phase between two critical liquidity zones.
There is aggressive selling pressure in the market, and the absence of a bearish price gap confirms that buy limit orders are absorbing the entire outgoing flow. This imbalance between the aggressiveness of sellers and the resilience of buyers suggests accumulation or that the price is being maintained within a narrow zone to exhaust the supply.
The $87,500 zone now acts as a decision pivot: a genuine value construction above, accompanied by the disappearance of upper sell walls, could trigger a short squeeze towards $88,200.
Additionally, this is the zone of our weekly VWAP, which has not been broken after several tests, as well as our VAH. Staying above this zone with the US open could really give us an opportunity to go higher.
Caution, it's the weekend.