This is the difference between #ALT / #USD and #ALT / #BTC pairs. ALTs keep bleeding to BTC but have gone up on their USD pairs. Something something Bitcoin Dominance

Satoshi's vision set the stage for decentralized innovation, and now we’re seeing the same spirit alive with #Nostr. The energy feels just like those early #Bitcoin days – where community and creativity flourished without control! 🌍💡 Let's keep this momentum going!

Saying Bitcoin is just a store of value is like saying the airplane is just a faster horse. You're missing the revolution

Disruption Analysis – Bearish Alternative Scenario The current chart suggests a bullish continuation from the consolidation zone around $107,300–$107,500, with a projected move toward $108,500+. However, the following bearish disruption could invalidate that path: --- 🔻 Bearish Disruption Possibility: 1. False Breakout Trap: If price briefly spikes above the consolidation zone and quickly reverses, it could trap breakout buyers. A failed bullish move around $107,800–$108,000 would be the first bearish signal. 2. Weak Volume Confirmation: Lack of volume during the breakout would signal lack of institutional interest, increasing downside risk. 3. Break Below Support Zone: If BTC breaks below $107,000, it would signal a loss of momentum and invalidate the bullish scenario. This breakdown may lead to a quick move toward $106,000 or even $105,800, the recent swing low. 4. Macro Influence: Any negative economic data or regulatory news could spark bearish sentiment and accelerate the drop.

The current price action unfolds within the broader structure of a bullish leg that began after a sharp reversal near 97,000. This impulsive rally created a clear Fair Value Gap on the 4-hour chart—left behind as price surged upward with minimal resistance. Following this move, the market entered a consolidation phase, forming a range that has now broken to the upside. This kind of breakout often attracts breakout traders, but in this case, the context signals something more calculated. Buy Side Liquidity Sweep Following Consolidation The breakout above the consolidation range led directly into a Buy Side Liquidity Sweep, as price ran the highs just above the marked range. These highs acted as a magnet for liquidity—stop losses from short sellers and buy stops from breakout traders were likely pooled in that area. The quick rejection following this sweep suggests the move was not backed by genuine demand, but rather served the purpose of liquidity collection by larger players. Manipulation and Distribution This is a textbook example of manipulation into liquidity. Price was engineered to move upward into a zone of interest, taking out the Buy Side Liquidity before sharply reversing. The strong rejection signals distribution—institutions likely offloaded positions into the influx of late buyers. This kind of pattern often precedes a larger markdown, particularly when followed by lower timeframe bearish structure breaks. Unfilled Fair Value Gap as a Draw Beneath the price lies an unfilled Fair Value Gap, a zone of imbalance left behind by the earlier impulsive move. These areas often act as magnets for price, especially once liquidity objectives to the upside have been completed. Now that the sweep has occurred and distribution is underway, there is a strong probability that price will begin to seek rebalancing within this Gap. The area between 104,000 and 103,500 stands out as a high-probability target for the next leg down. Execution Insight If you're looking to enter short, it may be wise to wait for confirmation on a lower timeframe—such as a bearish break of structure or an internal Gap forming during the retracement. A 5-minute timeframe can often give early signs of rejection or supply stepping in. Being patient and allowing the market to reveal intent is crucial, especially after liquidity-driven moves like this. Final Thoughts Price doesn’t move randomly—it seeks liquidity and fills inefficiencies. This chart beautifully illustrates that logic, from engineered consolidation to a manipulative sweep, and now potentially toward rebalancing. If you found this breakdown helpful, I’d really appreciate a like—it helps support the work and keeps this kind of content going. Let me know in the comments what you think, or if you’re seeing it differently. I'm always up for a good discussion.