BTC Technical Update: The Power of Liquidity Gravity is Revealing ⚠️ Continuing the previous technical update (https://(((((((((x.com)))))))/market_gegar/status/2009079768382357692), The decline has arrived as scheduled, today I will help you reorganize the latest market situation of BTC. Recently, due to the decline in prices, many people are concerned that the market will repeat the sharp decline of 2022, I also wrote a special article recently to explore this topic. For detailed content, please refer to the citation below 。 Returning to today's topic, it has been two weeks since the last technical update post, Today, I plan to share with you again the signs that have emerged during this period from a technical perspective. The key summary is as follows ： ➡️ BTC suspected to have completed a Stop Hunt targeting the previous high (94.6K) ➡️ Since the beginning of January, Maker's situation has been unfavorable for bulls (the indicator is in red) ） ➡️ There is still a large amount of unhunted liquidity below ➡️ Above all, these liquidity will have a 'gravitational effect' on prices ➡️ The view that BTC needs to return to its previous low to complete a Stop Hunt remains unchanged Note: If you are not familiar with the concept of liquidity, you can refer to the tutorial at the end of this article // To be honest, I believe old friends have noticed: Almost every post I have posted in the past period has emphasized: I think BTC must go to the previous low (80.5K) to complete a Stop Hunt. I have explained the reason many times, in order to avoid new friends not knowing, I would like to reiterate that I hope you will not find it difficult to nag: The 'Equal Lows' on the line can be regarded as a liquidity accumulation zone, The price will create a 'gravitational effect', which increases the probability of the price returning to that area in the future ‼️ Therefore, we can see that most of the large-scale bottom areas, They are presented in the form of 'lower lows' rather than' higher lows', This is precisely because the form of higher lows will leave a large amount of liquidity below, Make the price ultimately still be 'sucked' down I have also provided a detailed discussion on this concept in the following citation. Interested friends can refer to it. // As shown in the attached figure, in terms of the line shape in the past two months, We can see that every time BTC breaks through the previous high, the amplitude is very small, Because the large amount of liquidity that has not been hunted down below is always an obstacle and hidden danger to price increases, It is relatively difficult to smoothly trend upwards until these liquidity have been completely cleared. It has been exactly two months since the temporary bottom of the sharp decline on 11/21, If you are a family member who searched with me on 11/21 (https://((((((((((((x.com))))))))/market_gegar/status/1991780406572835107), At present, for our most ideal script, the following conditions need to be met: one ️⃣ Price returns to 80.5K and falls below (clearing liquidity) two ️⃣ Quickly recover above 80.5K after falling below three ️⃣ When retrieving, it is accompanied by a strong taker buy to increase the success probability of Stop Hunt Addendum: The diagram labeled "Script 1" in the attached image is a schematic diagram of the above content // Besides, we certainly cannot expect the above script to happen unilaterally, Therefore, we still need to consider other possibilities, and I have listed the following other scripts: one ️⃣ Direct Crash: Coping with Deep Bear Strategy (https://((((((x.com)))))/market_gegar/status/2013067199641247974) two ️⃣ Fall below 80.5K but complete Stop Hunt at 74K (as shown in script 2 in the attached picture) As far as my current bias is concerned, I believe that BTC cannot be separated from the categories of the three scripts mentioned above, If it were a Stop Hunt targeting 74K, it would also be a very worthwhile opportunity to enter, Because the area around 74K is the strong support zone provided by the STH-RP model with deviation adjustment: https://((((((((((((x.com))))))))))))/market_beggar/status/2008747891876393096 // Finally, let me briefly summarize all the current scripts for you: one ️⃣ Complete Stop Hunt at 80.5K two ️⃣ Complete Stop Hunt at 74K three ️⃣ Both of the above positions did not show a Stop Hunt, and a deeper callback was taken Among them, 1 ️⃣、 two ️⃣ The handling method is the same, we don't need to guess, Just operate based on the signals provided by the panel (line type, on chain model, Taker condition); And if it's 3 ️⃣， I have also shared the concept of the Deep Bear valuation model multiple times, At that time, I will also publicly share these signals with everyone I believe if you are my reader, you would probably not be surprised by the recent week's decline, After all, I am like an old lady with Alzheimer's disease, I nag and emphasize the hidden dangers of "downward liquidity attraction" to everyone every day, hoping that you will not feel annoyed In short, based on the current line shape, I still believe that the probability of returning to the bottom to clean liquidity is relatively high, As for whether a Stop Hunt can occur at that time, we may have to ask the holders of those crystal balls Once again, the essence of trading is planning, not prediction Above, we are waiting for the market to give us more signals. We will take action, fight and move forward // Related reading resources Full disclosure of practical experience: How to perfectly predict the two waves of ETH surge through liquidity https://((((((((((((x.com))))))))))))/market_beggar/status/1959793243404829167 Detailed tutorial on the concept of Stop Hunt https://((((((((((((x.com))))))))))))/market_beggar/status/1907261008059777200 Trading Q&A: Two Entry Methods in the Personal Contract Band System https://((((((((((((x.com))))))))))))/market_beggar/status/1940221638618095904 RektProof Model Translation&Personal Insights https://((((((((((((x.com))))))))))))/market_beggar/status/1942398983831445608 Why don't I look at the liquidation heat map at all? https://((((((((((((x.com))))))))))))/market_beggar/status/1917035867589513680 Technical series update post (released on 12/11) https://((((((((((((x.com))))))))))))/market_beggar/status/1998932643094962474 Technical Series Update Post (released on 12/29) https://((((((((((((x.com))))))))))))/market_beggar/status/2005454366967566605 Technical Series Update Post (released on 01/08) https://((((((((((((x.com))))))))))))/market_beggar/status/2009079768382357692