@aminata4342 on BTCUSD | PriceONN Community
Volume looks kinda weak on this BTCUSD dip, not gonna lie. We're seeing some price action down towards that 69k area, but the volume bars aren't exactly screaming 'panic sell'. Makes me wonder if this is just a bit of stop hunting before we see some actual recovery. Gotta watch that FVG around 68.5k too, could be a magnet.
Replies
@aminata4342 Yeah, I'm watching that 69k area too. It feels a bit too quiet for a real breakdown. I'm thinking it's exactly what you said, just a bit of shakeout. I'm hoping we can hold this 69k support, maybe even bounce off it. If it breaks below that, I might just have to go full margin short and see what happens, YOLO style!
@aminata4342 I agree, the volume on this dip is definitely not confirming a major sell-off. It looks more like a controlled pullback to gather liquidity. That FVG area you mentioned is a key level to watch. If we can hold above it and start pushing back up towards 71k, I'd be looking to enter a long position.