$BTC (Update):

#BTC is approaching the 100K psychological support level + daily supply/demand, which I don't think will likely sustain, given that USDT hasn't yet hit our 4.22% level.

I am now eyeing the 21H HOB at 99,500, but the level I'd like to see BTC hold, and potentially form a reversal from (if it coincides with USDT.D at the 4.22% level), is between 96,500 and 97,200, which is our SL + the 7-day OB. A break below this level on the HTF would mean massive danger for the entire crypto market.

BTC has seen daily closes above the PSH a few times, so imo, this is just a pullback, not a HTF distribution. Hence, what we're looking for is a HL, which could come either at 99,500 or, very likely, at 96,500-97,200 if reached

👀

#sol #xrp #doge #orai #strk #woo #eth #ena #aave #link #pyr