Price just swept the 94K high-liquidity pocket, triggering aggressive taker buys and a sharp spike in positive delta, but with no real absorption on the volume profile behind the move.
This kind of low-efficiency breakout often traps late bulls.
I’ve added a short hedge as price taps into the imbalance, risk managed.
If the breakout fails and delta flips negative with sellers stepping into the footprint, a deeper retrace back into the prior HVN/weekly open zone is likely.
A breakdown of that area opens the door for a fast move into the 86K liquidity shelf.
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$BTC
Price just swept the 94K high-liquidity pocket, triggering aggressive taker buys and a sharp spike in positive delta, but with no real absorption on the volume profile behind the move.
This kind of low-efficiency breakout often traps late bulls.
I’ve added a short hedge as price taps into the imbalance, risk managed.
If the breakout fails and delta flips negative with sellers stepping into the footprint, a deeper retrace back into the prior HVN/weekly open zone is likely.
A breakdown of that area opens the door for a fast move into the 86K liquidity shelf.