BTC Technical Update: Increased Downward Risk&Brief Tranquility Before the Storm After last Tuesday's sharp drop, BTC has been fluctuating within a range of less than 5% for the past five days, The convergence of volatility means that the market is brewing the next wave of direction choices. Coincidentally, this Thursday happens to be the FOMC, and at the same time, it's also the week when some US tech giants release their financial reports, Various signs seem to have destined this week's bloody storm .. ⚠️： Continuing the update of the following citation, as I have seen some new biases in the technical aspect, Therefore, today I plan to share with you again some of the latest developments from the perspective of line types. Before starting the main text, let's report to our new friends first ： In the system of technical analysis, I adopt a strategy of "focusing on analyzing liquidity", One of the most essential elements is' Stop Hunt ', If you have any doubts about the following content, you can refer to the series of tutorials compiled at the end of this article Returning to today's topic, let me first give you a key summary ： ➡️ Previously, the Stop Hunt with a high interval of 94.6K was still fermenting ➡️ From the perspective of interval trading, the default downward target is the previous low (80.5K) ➡️ As expected in the following quote: Yesterday's decline has cleared 86.4K of liquidity ➡️ Currently, there are still 83.5K units of liquidity below that require cleaning // As shown in the attached figure, I have marked "$" at positions 86.4K and 83.5K respectively, Its meaning is "liquidity aggregation area", composed of "Equal Lows". The following liquidity will have a 'gravitational effect' on the price, If there are more Equal Lows, the gravitational effect they form will be stronger; In the early morning drop today (01/26), the liquidity of 86.4K has been cleared, Currently, there is 83.5K of liquidity left below, and everything is still running as expected. Meanwhile, it is worth noting that ： As mentioned at the beginning of this article, there have been many major events this week, Including FOMC interest rate resolutions, as well as financial reports from tech giants such as Meta and MSFT. Considering the shockingly low volatility of the past week, barring any unforeseen circumstances, This week, we will temporarily break away from the low volatility state and see a relatively obvious one-way market trend ⚠️ If you ask me about my personal bias, due to the presence of liquidity gravity below, I am more inclined to see BTC fluctuate downwards (as I have repeatedly emphasized over the past two weeks), Even if everything goes smoothly, I hope to see BTC sweep away the remaining liquidity below ✅ Overall, my bias towards BTC in the short to medium term is bearish, And I really hope BTC can finish hunting the liquidity below as soon as possible, Provide a 'low resistance' environment for BTC's future rise Finally, it is emphasized once again that: Although we cannot predict future trends, we can prepare contingency strategies in advance for different situations. If the future really falls back to 80.5K, my planned script will still be the same as described in the following quote: one ️⃣ Complete Stop Hunt at 80.5K (script 1 in the attached image) two ️⃣ Complete Stop Hunt at 74K (script 2 in the attached picture) three ️⃣ Both of the above positions did not show a Stop Hunt, and a deeper callback was taken (https://(((((x.com)))/market_gegar/status/2013067199641247974)) Since the sharp decline on November 21 last year, the over two month recovery period is coming to an end, At the moment when it falls back to 80.5K in the future, it will be a crucial window of life and death for both long and short sides .. ⚔️ The above is today's content, hoping to be helpful to everyone; I believe this week will not be too calm, please be sure to strictly control risks // 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 Interval trading: Chinese translation of RektProof model&personal insights https://((((((x.com))))))/market_beggar/status/1942398983831445608 Explanation of Three Misconceptions: Why Don't I Look at the Liquidation Heat Map at All? https://((((((x.com))))))/market_beggar/status/1917035867589513680