reiiss7

The last Short was clearly premature, and was based purely on a technical level. Volume bust through it. Had I have waited for a stall and confirmed Distribution, the situation would have been better. Now that Shorts have been wiped, and the majority of the market is in a Long, I believe we can now drop to the first major bounce at 81.1k. When one side starts winning for an extended period of time, the losing side becomes "Unfavourable". Many who opened a Short and lost, fear opening another.

I didn't think this supply level would hit this quickly. 116,888 was the previous supply level, and BTC strongly rejected here after a "bullish" 4h close. It seems likely the drop can happen now. It could also liq grab to 118.6k but less likely now. SL 118.9k!

After today, it is in my opinion that the drop will be DELAYED! I believe we will visit around 110k or lower, get everyone shorting and then 116.8k-117.4k will be revisited for a "BULLISH OCTOBER" before 100k breaks down The majority loses

Both BTC and ETH and lots of other coins are done. There will be some outliers. A new range with breakouts and breakdowns above and below 4k would make a lot of people lose money. I expect sideways in this range for some time. Levels of interest are 3606, 3839, 3865

They scammed the weekly near to the top of the last candle and they can do the same with the monthly. But it can also drop at 113k. I will be waiting for further confirmation to Short, but not yet. Lots of bears feeling confident given the monthly candle but the upwick of the monthly could go as high as this. There is a 5 min supply zone there too.Not buying, but confirmation of Short is 123.7k, 113k rejection or fall under 109.9k

The weekly close will be bearish whatever happens, even if it ends green. A few days enticing buyers who see the green weekly while taking weekend shorts would make sense. But of course it can also drop here.

Buying Climax is complete, and Markdown is in play. It seems pretty likely that something like this will happen, though a flash wick to 60's is possible.

I think a lot of people will try to buy the dip, and panic sell under 100k, only for it to go back above 100k and get the same people who sold the bottom, buying again, in preparation for the next drop. Also many people will try and Short when it goes under 100k.

Everyone who shorted today in this area is likely to get punished, dont FOMO short!

Short term accumulation here since Monday it looks like, seems we are going higher for the blow off top Buying Climax. Maybe a top between 127.7k-131k?DISPROVEN for now, waiting for confirmation of Short