On the 1D timeframe, BTCUSDT is aligning with a broader bearish HTF narrative, with price continuing to respect lower highs and showing weakness after recent downside expansion.
The structure shows a clear bearish shift following internal Break of Structure (BOS) on the lower timeframe, confirming short-term order flow to the downside. The most recent impulsive leg created multiple stacked Fair Value Gaps (FVGs) — one near equilibrium, another slightly above in premium, and a lower one closer to current price.
This layered inefficiency suggests a classic ICT setup where price may rebalance into higher FVGs before continuing lower. The presence of multiple imbalances increases the probability of a deeper retracement, potentially targeting the upper FVG in the premium zone — a strong area for distribution.
From a liquidity perspective, price is currently sitting near short-term lows, likely building Sell-Side Liquidity (SSL). However, before delivering into that liquidity, I expect a corrective move upward to tap into the inefficiencies above and potentially sweep minor Buy-Side Liquidity (BSL) formed during consolidation.
This aligns with ICT’s Power of 3: accumulation at the lows, manipulation upward into FVG/premium zones, followed by distribution to the downside.
Execution-wise, I am watching for price to trade into the upper FVG and form a lower timeframe Change of Character (CHoCH) or rejection for short entries. This would align with both HTF bias and LTF liquidity engineering.
Targets are set below current lows, aiming for a sweep of external SSL and continuation if momentum sustains.
Invalidation would be a strong bullish expansion holding above the upper FVG, suggesting a shift in short-term structure.
This is not financial advice. Trade at your own risk.
The structure shows a clear bearish shift following internal Break of Structure (BOS) on the lower timeframe, confirming short-term order flow to the downside. The most recent impulsive leg created multiple stacked Fair Value Gaps (FVGs) — one near equilibrium, another slightly above in premium, and a lower one closer to current price.
This layered inefficiency suggests a classic ICT setup where price may rebalance into higher FVGs before continuing lower. The presence of multiple imbalances increases the probability of a deeper retracement, potentially targeting the upper FVG in the premium zone — a strong area for distribution.
From a liquidity perspective, price is currently sitting near short-term lows, likely building Sell-Side Liquidity (SSL). However, before delivering into that liquidity, I expect a corrective move upward to tap into the inefficiencies above and potentially sweep minor Buy-Side Liquidity (BSL) formed during consolidation.
This aligns with ICT’s Power of 3: accumulation at the lows, manipulation upward into FVG/premium zones, followed by distribution to the downside.
Execution-wise, I am watching for price to trade into the upper FVG and form a lower timeframe Change of Character (CHoCH) or rejection for short entries. This would align with both HTF bias and LTF liquidity engineering.
Targets are set below current lows, aiming for a sweep of external SSL and continuation if momentum sustains.
Invalidation would be a strong bullish expansion holding above the upper FVG, suggesting a shift in short-term structure.
This is not financial advice. Trade at your own risk.
כתב ויתור
המידע והפרסומים אינם מיועדים להיות, ואינם מהווים, ייעוץ או המלצה פיננסית, השקעתית, מסחרית או מכל סוג אחר המסופקת או מאושרת על ידי TradingView. קרא עוד ב־תנאי השימוש.
כתב ויתור
המידע והפרסומים אינם מיועדים להיות, ואינם מהווים, ייעוץ או המלצה פיננסית, השקעתית, מסחרית או מכל סוג אחר המסופקת או מאושרת על ידי TradingView. קרא עוד ב־תנאי השימוש.