Update: bitcoin:native, 1D So, price continues to consolidate below 1D OB 78.9-82K, below TL & 360D rVWAP Confluence: FRVP VAH, monthly PP 74.1K & EMA 200 running slightly below continues to act as nearest support and an area of interest. Price has reclaimed EMA 200 for first time since November last year, making this a key test for buyers to hold for upside continuation According to 30m heatmap (top exchanges aggregator), a liquidity layer has formed below in 72.6-74.5K area, where these supports converge. Above, another liquidity layer sits at 81.5-83.3K, slightly above daily OB resistance Indicators: RSI has already formed a bearish cross, while MACD is still in process. At the same time, price continues to consolidate, allowing indicators to reset without any significant price movement. Also worth reminding that yesterday’s monthly close looks strong and, structurally, reversal-like. However, as mentioned earlier, two large liquidity pools below remain untouched according to heatmap (top exchanges aggregator). Honestly, this is still not entirely clear to me and leaves some concern
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