BTC Price is starting to tap into the liquidity cluster to the upside. After an explosive move above the range highs and once again front-running the liquidity to the downside, BTC has now started taking out some of the short liquidations. In my previous update, I mentioned that price rarely takes the obvious path and that we could reverse before ever reaching the $82k–$80k cluster. That scenario has now played out pretty well. If price pushes further into the cluster above, I’ll consider opening a hedge short targeting the liquidity that has built up below the range lows. Don’t get me wrong, there is still a possibility that BTC front-runs these downside clusters as well, just like it did during the bottoming range when most expected another sweep lower. But I believe there’s a decent chance that we at least clear the cluster around $80k before price continues its broader uptrend.