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2 514
$BTC is trapped between two heavy liquidation clusters.
🔴 Shorts stacked above
🟢 Longs dense just below - built on Trump peace/Hormuz
Both sides are loaded. Price goes where liquidity is (high leverage liquidations map).
77K is the trigger. Break up = short squeeze. Rejection = long cascade. ⚠️
Read on X: https://x.com/IT_Tech_PL/status/2058447594662264900
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2 514
$BTC OI fully rebuilt after the dump. That's the problem.
Funding Rate: briefly flipped negative around the 09:00 drop - now recovering back to positive
OI: flushed from ~25.2B to ~24.6B on the wick, already back at 25.2B
Spot is not buying. CVD confirms net selling pressure all session.
OI rebuild with no spot support = fresh longs entering, not organic demand.
⚠️ Funding going positive again while CVD stays negative - classic dip-buyer trap setup. More downside not off the table.
Read on X: https://x.com/IT_Tech_PL/status/2058133640622862535
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2 514
Coinbase Premium Gap: -93.7. US buyers aren't here.
- Premium Gap: -93.7 (approaching Jan 26 crash extreme of -100)
- Feb 9 capitulation low: -175 (deepest this cycle)
- Green cluster Apr 20 -> May 3 fully faded
- Sustained red since late April
$BTC holding 76K on offshore and futures flow. Not US spot.
⚠️ If that bid pulls, there's no Coinbase floor underneath.
Read on X: https://x.com/IT_Tech_PL/status/2057908873152037126
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2 514
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Read on X: https://x.com/IT_Tech_PL/status/2057794625780543954
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2 514
$BTC: every breakout above 77.6K rejected within hours. Five days running.
- Range: 76,014 low (May 19) -> 78,453 high (May 18)
- SuperTrend: 7 trend flips in 5 days - B/S tags toggling every 12-24h
- Current: SuperTrend flipped Buy near 76K on May 22, price at 77K
- Volume profile: heaviest node clusters 76.4K -> 77.6K - price sitting mid-range
Bears capped every push above 77.6K. Bulls keep defending 76K. No side is winning.
⚠️ Neutral. 76K is the floor the market keeps defending. 78K is the lid. Until one breaks with volume, this is noise.
Read on X: https://x.com/IT_Tech_PL/status/2057747359044632675
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2 514
Perp CVD is -300M. $BTC just tapped 78K. Those two facts don't belong together.
📊 CVD:
- Spot CVD: -85.24M - sustained net selling (left chart)
- Perp CVD: -299.95M - 3.5x deeper than spot (right chart)
Funding Rate: +0.0089% - longs paying shorts, mild crowding
Order Book Depth:
- Spot: Delta -498.77 - ask-side heavy
- Perp: Delta -1.6K - strong ask imbalance
Price spiked 76.1K -> 78.2K, then rejected hard. Both CVDs were falling through the entire move - leveraged longs chased, not spot buyers.
⚠️ No spot accumulation behind this rally. Until spot CVD flips, bounces stay unconfirmed.
Read on X: https://x.com/IT_Tech_PL/status/2057471865573237203
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2 514
Repost from IT Tech Crypto
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2 514
⚠️ 5 sell rejections above 77K. The one time bulls flipped - sellers reclaimed it in a single candle. $BTC
Double bottom at 76,014 held. Every rally since 78,453 on 05-18 ended the same way.
- SuperTrend (S = bearish, B = bullish) flipped red at 78,453 - five sell labels, zero sustained breaks
- B flip confirmed at 76,014 on 05-20 - strongest buyer defense in the range
- Pushed to 77.7K, tagged S again immediately - supply at 77.9K-78.2K is sticky
- Below 76.8K the volume profile goes thin fast - not support, open air
Bulls aren’t wrong to try here. But three rejections at 77.7K means that level needs a real close, not a wick. If 76,014 breaks, there’s nothing meaningful until 75.9K.
🧭 Support: 76.8K -> 76,014 / Resistance: 77.7K -> 78.2K
Read on X: https://x.com/IT_Tech_PL/status/2057152033975861269
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2 514
My today's position.
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2 514
$BTC perp CVD: -1.57B. Spot CVD: -328M. Both red. No reversal.
CVD:
- Spot CVD: -328.53M, falling entire session (left chart)
- Perp CVD: -1.57B, sustained net selling, no bounce attempt (right chart)
Funding Rate: +0.0067% - longs still paying shorts at 76.8K. Not flushed.
Order Book Depth:
- Spot: +638 delta, marginal bid support (left chart)
- Perp: -2.4K delta, asks in control (right chart)
Coinbase Premium: -0.09%. US buyers not stepping in.
Spot and perps aligned bearish. Funding positive at 76K = longs not washed out yet.
No CVD flip, no bottom confirmation. ⚠️
Read on X: https://x.com/IT_Tech_PL/status/2056735572140740783
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2 514
$BTC just flipped bullish for the 4th time in 48h. None of them held.
3 times in 48h. Same result every time.
- SuperTrend: 4 bullish flips, 3 bearish flips - neither side holding
- Range: 76.01K -> 78.52K, price compressing at 77K
- Latest flip at 76.8K (May 19) - already stalling under 77.2K
- Volume profile: heavy liquidity cluster overhead at 77.2K -> 78.4K
Swept 76.01K. Reclaimed 76.8K. Now testing the same wall that rejected the last two rallies.
Every bullish flip = lower high. No close above 77.5K. Sellers are still in charge. ⚠️
Read on X: https://x.com/IT_Tech_PL/status/2056653433206436162
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