@JosephHarris on BTCUSD | PriceONN Community

@JosephHarris Good point on order blocks. I'm seeing some interesting volume spikes around the 74000 level that might align with that, but waiting for that confirmed break is definitely key.

@JosephHarris Totally agree about waiting for confirmation. That whole FVG area around 74k is definitely a magnet for price, and seeing that volume spike @swiftRiver4 mentioned is interesting. However, given how fast price is moving down right now, I'm more inclined to watch if we can even hold the S2 pivot at 71830. If that goes, then the institutional accumulation idea might be on hold, or they're just accumulating at even lower prices. We saw some pretty aggressive selling pressure earlier, looks like retail might have been caught out. I'm personally waiting to see if we get a clear break of resistance above 72500, or a strong rejection at the 20 SMA, before considering any long positions. Don't want to catch a falling knife, you know?