$BTC Update & MMT Heatmap CT’s still arguing “war = pump” vs “DXY up = dump”, but price is doing the same thing it’s done for days: compressing in the middle of the range and refusing to give either side the clean follow through. If the geopolitical headlines were going to break structure, we wouldn’t still be hovering around mid/high-60s - we’d be living in the lows. Instead, every shove down is getting absorbed, and every pop up is getting sold back into the same ceiling. On the heatmap the story is simple: Above: liquidity is still thick into 69–70k (and it’s the obvious “pain trade” if shorts lean too early). Below: there’s now a cleaner draw building around ~62k (and that’s the magnet if we lose the mid range and momentum flips risk off). My read for the next 24–48h: mid range chop until one side gets pulled, then acceleration. If we accept above 69k, it’s a squeeze/rotation higher. If we lose the mid-64s and can’t reclaim, that 62k pocket becomes the target.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
Gm and happy Wednesday! ☀️
$BTC Update & MMT Heatmap
CT’s still arguing “war = pump” vs “DXY up = dump”, but price is doing the same thing it’s done for days: compressing in the middle of the range and refusing to give either side the clean follow through.
If the geopolitical headlines were going to break structure, we wouldn’t still be hovering around mid/high-60s - we’d be living in the lows. Instead, every shove down is getting absorbed, and every pop up is getting sold back into the same ceiling.
On the heatmap the story is simple:
Above: liquidity is still thick into 69–70k (and it’s the obvious “pain trade” if shorts lean too early).
Below: there’s now a cleaner draw building around ~62k (and that’s the magnet if we lose the mid range and momentum flips risk off).
My read for the next 24–48h: mid range chop until one side gets pulled, then acceleration.
If we accept above 69k, it’s a squeeze/rotation higher. If we lose the mid-64s and can’t reclaim, that 62k pocket becomes the target.