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- Pin
$BTC might be in for a LTF pullback now
Confluences:
- Momentum stalling from aggressive spot buyers that were there in the past 3 US sessions
- Yearly Open + Box above is where large market order bubbles create a pivot point which is exactly where we stalled
- Imbalance below towards the HVN near $88k is where I think we can backfill. I already built a small short here but breakdown from $91.2k is a confirmation of the same
Will look to rebid on pullbacks but out of some long positions I had on alts and scaled into a LTF short as I explained