
Daan Crypto Trades|Mar 21, 2025 17:02
BTC Two levels stand out from a liquidity perspective.
Above, 96K is key. This marked the top during the illiquid Sunday push after the random Strategic Reserve announcement. Liquidity is pretty high above that point and I'm assuming there's quite a few short stops placed above there.
Below us the local lows around 75K are key. This is also an important horizontal area and the local bottom on this correction for the time being.
I think price action will be rather choppy as long as we trade in between those levels and it doesn't hurt to wait for either of these extremes to see if it sweeps or breaks for continuation.
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