$BTC
As predicted, price swept the highs and both major liquidity clusters at $72.5K and $74.5K. If the daily closes here, this will be the 8th consecutive green candle.
Many people call this historically bullish, but the context matters.
Yes, in the past when price pumped five or more days in a row, momentum often continued higher. The difference this time is volume delta. During those previous runs, the move was supported by strong and increasing volume delta, confirming aggressive buyers.
This time it's the opposite.
Delta is declining and already relatively low, meaning the move up is happening with weak participation. Price is grinding higher while buying pressure is fading. This is called a delta divergence.
When this happens, price often sweeps the highs first before making a sharp move to the downside.
And structurally, it makes sense. After eight days of slow upside, only short liquidity has been taken. Long positions are building up underneath the market while price grinds higher. To rebalance liquidity, the market usually makes a fast downside move to clear those longs.
Right now:
Highs have been swept ✅
Liquidity clusters at $72.5K and $74.5K are taken✅
Most downside liquidity remains untouched ✅
Because of that, I expect price to dump soon...
@NeroFtx@20211ANV Si y a tant d'engouement pour l'Euro, c'est peut être parce que c'est le sport le plus populaire en France ? Je sais pas hein ?! C'est une piste que je lance. Ça va pas trop difficile à comprendre ?