BTC update. BTC pumped back to $82,800 today liquidating $350M in just 24 hours! But here's the important part: Bitcoin now has roughly $2.2B liquidity below between $77,000 - $81,000 and $4B above between $83,000 - $87,000. There is still nearly twice as much liquidity sitting above, so for me the bigger target remains higher. On the LTF, the largest liquidity zones sit around $80,600 - $81,100 below and $82,500 - $83,700 above. These are the two areas I'd expect Bitcoin to attack first today. Whales are also stacking huge buy orders from $75,000 - $81,000, while the orders above are much thinner until $83,000 - $90,000. I actually like this setup because there is real size waiting to buy the dip again if the market gives it. Meanwhile, spot demand is still very weak while leverage traders have started buying again. Basically, futures traders are going long, before real spot buyers have returned. In my last update, I talked about the huge liquidity imbalance above Bitcoin after the $79,700 flush. BTC has now bounced more than $3,000 from that low, but the main $83,000+ area still hasn't properly broken. That's the important level I want to see reclaimed. So to make things simple for you: - $80.6k - $81.1k and $82.5k - $83.7k are the LTF zones I'm watching today - $4B above still makes $83k - $87k the bigger HTF liquidity target - Huge whale bids below make $75k - $81k a strong demand area - Reclaim $83.7k and I favour another push towards $85k+ - Lose $80.6k and I think $79k - $80k comes straight back into play I'll post any changes to my positioning and the key levels I'm watching in the free Telegram (link in bio).