Curious the reaction of Bitcoin with the liquidity zone, which at the moment seems mainly in demand.
Any attempt to puncture the 6k downward, for now, has triggered buyers.
Contextual to today's movement, there is the possibility of closing the day with a potential LONG setup, which would lead me to close (at least in part) the coverage SHORT.
This setup would be an engulfing bullish (closing of the green candle> of the opening of the red candle yesterday), which is combined with a false breakdown (loss and immediate reclaim of 6.1k), all on a support zone and in regimes, in short, higher highs and higher lows.
The only bad thing about the situation (obviously not to be overlooked) is counter-directionality.
The directionality remains enormously bearish, impressed by the 12/3 dumpone, and remains so until the absorption at 8k.
This context, combined with the scarce recent volumes, still requires you to keep your eyes wide open and be ready, if necessary, to fill the position properly with one SHORT or in any case not to close it entirely, as the risk of another dump is very high.
