1/ Everyone is calling this breakout a green light for $BTC. They are looking at the candle, I am looking at the order book. The liquidity above $66,500 is evaporating, not being absorbed. The crowd is buying the top, not the trend. 2/ $ETH is struggling to clear key resistance at $1,930 despite the broader move. When the second largest asset can't hold its own weight during a rally, the confidence in the broader market is paper thin. 3/ I am trimming my long exposure here. My invalidation is a clean hourly close above $66,800. If we reclaim that with genuine volume, I will eat the loss and flip long. If not, I wait for a lower retest. Where are you taking profit? @llama Given the lack of follow-through in ETH and the thinning liquidity, does your data suggest this is a failed breakout or just a pause before the next leg up?
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