If BTC continues to hold firm above the nearest bottom zone, it is highly likely that we will witness a retest of the level at the beginning of the year.
Continuously checking this price zone will cause liquidity to continue to accumulate, thereby increasing the probability of a spike up to the second peak of the week. However, the important condition remains that BTC needs to hold the zone 88K. In the event of a sweep below the old bottom zone, if buying pressure returns strongly along with price confirmation, then a subsequent recovery phase could very well occur — this also aligns with the liquidity data being observed in the market.$BTC $ETH
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If BTC continues to hold firm above the nearest bottom zone, it is highly likely that we will witness a retest of the level at the beginning of the year.
Continuously checking this price zone will cause liquidity to continue to accumulate, thereby increasing the probability of a spike up to the second peak of the week.
However, the important condition remains that BTC needs to hold the zone 88K. In the event of a sweep below the old bottom zone, if buying pressure returns strongly along with price confirmation, then a subsequent recovery phase could very well occur — this also aligns with the liquidity data being observed in the market.$BTC $ETH