BTC Looking at the past 9 monthly opens, one thing stands out clearly. Most of the time, we see a push to the upside at the start of the month, followed by weakness throughout the rest of it. The only exceptions were November and February, where the previous month already ended with a dump, and the downside simply continued into the new month. Now May has begun, and we’re once again seeing similar behavior to the broader pattern. Price is already up around 3% on the first day, making a sweep of the equal highs very possible. This would also clear out the liquidity that has built up above from new shorts entering the market. However, I don’t believe there’s much upside left, and I still expect this month to close red. Not only because of this pattern, but also due to the heavy resistance above, combined with the large amount of unswept liquidity resting below. On top of that, we’re entering a historically weak month.(Max Trades)