This is getting ridiculous. $BTC pumped from $76,000 to $80,000 on Friday liquidating $385M in a few hours! Then, $BTC immediately dumped back to $76,800 liquidating $300M more! And since then, $BTC pumped back above $78,000 liquidating another $425M. $1.1B total Crypto liquidations over the weekend! But this is the important bit: In my last update, I said reclaiming $78,000 would favour $80,000 next. That’s exactly what happened. Bitcoin reclaimed the zone and pumped almost perfectly to $80,000. I also said losing $76,000 cleanly would open $74,000 - $75,000, but instead the $76,000 area has been swept and defended twice. Bitcoin now has roughly $3.7B liquidity below between $73,500 - $77,000 and $2.3B above between $78,500 - $81,000. This means the HTF liqudity imbalance has shifted back towards the downside, which means another failed recovery could still create a much deeper pullback. On the LTF, the largest liquidity zones sit at $75,700 - $77,000 below and $78,300 - $78,800 above, making these the likely levels to sweep next. Whales have stacked huge bids from $74,000 - $76,500, while major sell walls remain from roughly $79,000 - $83,000. This means there is still strong demand below from whales buying dips but equally very large walls above that are proving challenging to break through. Meanwhile, spot demand has started recovering slightly from the lows and OI has cooled, but futures traders are still selling and Coinbase Premium remains heavily negative. This means the market is recovering, but real spot demand still isn’t strong enough yet. So to make things simple for you: - $77,000 and $78,300 are now the two LTF magnets - $3.7B below between $73,500 - $77,000 is the HTF liquidity risk - Reclaim $79,000 and I favour another $80,000+ sweep; lose $76,000 cleanly and $73,500 - $75,000 comes 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).