$BTC 📈 Lots of buying and new longs entering into the local highs, into daily VAH. The broader context remains bearish for now: an ongoing downtrend, the loss of the key range VAH, acceptance back inside value rather than a swift rejection of lower prices, and a poor intraday low suggesting an unfinished auction to the downside. So far, buyers are also struggling to push above the daily session VAH. I'm not buying into this! If we lose session VWAP, I’d consider those buyers trapped and expect a rotation back toward the daily lows.
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