Posts
avatar

$BTC | DAILY MARKET OUTLOOK : OCT 26 BTC remains in a bearish short-term structure, printing lower highs and lower lows on the 1H chart. Price is trading below the Monthly Pivot ($81,147) and Weekly Pivot ($82,027), while the daily close remains below both the 10 and 20 EMAs. Key resistance & liquidity zones: 🟠 $80,999–$81,147 | PDH + Monthly Pivot confluence. First area to watch for a potential rejection and trend shower. 🔴 $81,615–$82,027 | Short-side liquidity, daily EMA resistance and Weekly Pivot. A sustained reclaim would weaken the immediate bearish bias. 🔴 $84,087–$84,875 | Higher liquidity cluster and previous week's high. Key support & downside liquidity: 🟠 $79,179 | Previous week's low. A breakdown could expose deeper liquidity. 🟢 $78,482 | Estimated $4.32B long-side liquidity cluster on the 4H model. 🟢 $76,079 | Deeper liquidity pool if selling pressure accelerates. Trading scenarios A rejection around $81K–$81.15K would keep $79.81K and $79.18K in focus. A confirmed 1H reclaim of $81.15K opens the door towards $81.68K–$82.03K (short zones). Whale positioning remains 62% long versus 38% short, while the intraday SuperTrend is bullish. That leaves room for a relief rally or liquidity sweep despite the broader bearish structure. My approach: No chasing shorts into support and no assuming every bounce is a reversal. Liquidity shows where price may be attracted. Market structure and confirmation determine whether the trade is worth taking. We trade probabilities, not certainties. 📊 https://t.co/7UycO2ZiWp Trade it, don't date it. 🤝

This content is for informational and educational purposes only. It may include third-party insights, sponsored content, or promotional material for which the creator may receive compensation. Nothing in this feed constitutes investment advice or a guarantee of returns. You are solely responsible for your own investment decisions. Always conduct your own research and exercise caution before trading. We do not guarantee the accuracy of third-party information and are not liable for any losses incurred. Past performance is not indicative of future results. Please refer to our Community Terms and Risk Disclosure Statement for details.

avatarPost your reply

Comment