
Skew Δ|Jan 30, 2025 12:04
BTC Binance Spot
Currently price trades just above key market pivot (105K)
Today / Friday will be influential for establishing real price control & underlying trend
market confirmations I am watching for as price trades around market pivot
Bullish confirmations to watch for
- taker bid
- momentum
- passive buyer supporting higher value
Bearish confirmations to watch for
- absorption of buyers
- lack of momentum / participation
- active passive sellers
Notably areas of market liquidity
Bid liquidity ~ 100K
Ask liquidity ~ 107K +
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