Technical analysis by Risk_Adj_Return about Symbol BTC on 6/3/2025

BTC | Short-Term Long | Liquidity Hunt + W Formation Breakout | (May 28, 2025)1️⃣ Quick Recap: It’s been a minute — busy with university exams! But now back with fresh eyes on BTC. The chart shows a W-formation that already grabbed liquidity. From here, I’m expecting a push to the $96K–$97K region before we reassess. This could be a solid short-term setup. 📚🚀2️⃣ Trade Parameters:Bias: Short-Term Long (swing move)Entry Zone: Current levels (post-W formation breakout)Stop Loss: Below W-formation lowTP1: $96K–$97KTP2 (optional swing): $144K (if momentum continues)Alternative Scenario: Drop to $60K (less likely, but still possible — risk management is key)3️⃣ Key Notes:✅ Open interest remains strong — market participants are still looking to the upside✅ Spot selling observed — large holders and market makers offloading, possibly to create panic and bait shorts✅ Liquidation clusters seen around $78K–$80K and higher up at $144K using Coinglass heatmaps✅ W-formation complete — price took liquidity, now aiming for breakout levels❌ Most traders ignore the difference between possible and probable — while $60K is possible, it’s not the base case right now4️⃣ Follow-Up: I’m personally offloading some altcoins here while riding BTC short-term toward $96K–$97K. Will update if we break or reject that zone.Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible.Disclaimer: This is not a financial advise. Always conduct your own research. This content may include enhancements made using AI.