Killa
Killa|Apr 04, 2026 19:19
BTC Looking at the past few weeks objectively: We swept the external range highs, triggering an instant reversal and a very bearish close. The market had to rebalance, which led the next weekly candle to sweep late shorts up to 71.5K, again reversing bearish. This was a classic liquidity hunt before a reversal. The current weekly candle started with another sweep above because the prior weekly close was bearish, rebalancing the market again. Question is: who’s exposed, and what’s next? With the current bearish structure and leverage driven pumps, lows at 64.9K are likely exposed, with external range lows at 63K still to be swept. Current price action could either be compression building, clearing shorts and longs, before a push up and then down, or we may sweep lower soon. I’m watching for downside sweeps to trigger hedge longs against my short at 72.8K.(Killa)
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