Bitcoin has filled the 116.3 to 114.9 imbalance and is now trading inside a defined bearish range.
Lower-timeframe structure has shifted downward with significant volume left behind, which suggests this is not a place to buy into strength.
Price has completed the imbalance fill, and the next question is whether this area becomes a market-maker trap or a true continuation leg.
If smart money continues to build short positions, distribution could follow.
If liquidity dries up and buyers absorb, the trap scenario takes shape. Patience remains the correct position.
Focus on the 15-minute to 1-hour range for confirmation. A break of structure, a clean rejection, or a failed retest around 116.3 will define the next directional move.
Until that occurs, any trade inside this zone is a low-probability action.
On the macro side, the U.S. Dollar Index continues higher, signaling risk aversion and tighter global liquidity.
Bitcoin does not move in perfect correlation, but capital still follows the path of safety when the dollar strengthens.
In the current environment, the edge lies in observation and precision, not anticipation.
Let structure confirm before committing. Probabilities always favor the patient.
Lower-timeframe structure has shifted downward with significant volume left behind, which suggests this is not a place to buy into strength.
Price has completed the imbalance fill, and the next question is whether this area becomes a market-maker trap or a true continuation leg.
If smart money continues to build short positions, distribution could follow.
If liquidity dries up and buyers absorb, the trap scenario takes shape. Patience remains the correct position.
Focus on the 15-minute to 1-hour range for confirmation. A break of structure, a clean rejection, or a failed retest around 116.3 will define the next directional move.
Until that occurs, any trade inside this zone is a low-probability action.
On the macro side, the U.S. Dollar Index continues higher, signaling risk aversion and tighter global liquidity.
Bitcoin does not move in perfect correlation, but capital still follows the path of safety when the dollar strengthens.
In the current environment, the edge lies in observation and precision, not anticipation.
Let structure confirm before committing. Probabilities always favor the patient.
Trader & Coach | Founder of CORE5 Tradecraft™
Sharing data-driven strategies that blend market structure, volume flow, and real economic drivers.
I publish the weekly CORE5 War Map on Substack — free insights, charts, and macro context.
Sharing data-driven strategies that blend market structure, volume flow, and real economic drivers.
I publish the weekly CORE5 War Map on Substack — free insights, charts, and macro context.
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Trader & Coach | Founder of CORE5 Tradecraft™
Sharing data-driven strategies that blend market structure, volume flow, and real economic drivers.
I publish the weekly CORE5 War Map on Substack — free insights, charts, and macro context.
Sharing data-driven strategies that blend market structure, volume flow, and real economic drivers.
I publish the weekly CORE5 War Map on Substack — free insights, charts, and macro context.
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.