CEX.IO QUIZ ANSWERS | CEX IO POWER TAP

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This is why I said waiting for an LTF structure change is so important—it provides valid confirmation before entering a trade. We stayed safe because no confirmation was given yet. Right now, BTC looks ready to grab liquidity around the $59,800 level before the next relief rally.

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$BTC Still at support zone and higher low. Trend remains bullish. Bounce soon imo.

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It’s getting harder to catch Bitcoin moves nowadays because of deeper HTF pullbacks and constantly shifting sentiment. But one thing I will say—when price consolidates around a resistance level multiple times, it weakens. So keep an eye on the 77–80–84 zone. If price sweeps any of these HTF resistance levels and gives confirmation, the market could move toward 54k. I’m not bullish on BTC right now. Waiting for a stronger short-side liquidity sweep before entering a swing short. That’s it—

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Price has held above the trendline for 20+ hours, sustaining above the two-week bearish channel — a sign of LTF buyer strength. Structurally, 72K is the more favorable zone for counter shorts, while 67.3K–67.8K acts as a key support area.

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BTC UPDATE On the 4H timeframe, the market swept liquidity at the 68,600–68,200 resistance zone I had marked and then moved lower. After that sweep, there was a short opportunity, but I missed it due to sleep😴 Based on the current structure, the decline may slow down or reverse at one of these two support zones: 65,687–64,838 or 64,117–63,700. As mentioned earlier, for the price to move toward the 72k or 80–84k higher-timeframe (HTF) areas before a major correction, it needs to hold one of these 4H support zones. If these levels fail, the price could drop below 61k before attempting the next HTF sweep.

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A local bounce is very much possible from current levels. I’ll be looking for a counter- long if we see a Rejection wick around the 63- 62,500 area during today’s US session. Let’s see how it plays out.