BTC - Compression 
2024-12-03

Nothing has changed here, although we had a lot of great low timeframe volatility to scalp with.

Green and red local zones are still holding, and we were clearly compressing liquidity until recent lows got swept. I'd look for 93k vnpoc if I wanted to play any continuation longs.

If we lose the current structure, mid 80s is where I'm interested next (see big green box).

Keep in mind that we have been frontrunning both upside and downside entries for a while now, so a perfect entry might not come this time either.

To the upside still waiting for slow grind to take us through the 100k resting liquidity. 