$BTC – Imbalance Filled but Not Broken. Waiting for Confirmation

125
The imbalance has been filled, but price has not broken it yet.
Current situation is clear:

  • No strong directional move has been confirmed
  • Lower highs were the better short entries
  • Now we wait for the next reaction


Key scenarios:

  • Break of the imbalance → opens the door for more downside / additional shorts
  • Hold of the imbalance → possible relief bounce


Until one of these scenarios plays out, the best action is simply to wait for confirmation.
Bias remains cautious.

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.