BTC is trading near 90,500 after a sharp intraday recovery from the 89,200 liquidity sweep. The bounce was driven by short liquidations below 89.5k, where sell pressure got absorbed quickly and price reclaimed the intraday moving averages. That reclaim shifted short term momentum back to the upside and forced late shorts to cover.
Liquidity behavior shows buyers defending the 90k handle aggressively, while sell side liquidity above 90.6k to 90.8k remains the next magnet. Volume expanded on the impulse candle, signaling real participation rather than a weak bounce. Whale activity looks tactical, with bids stepping in after the downside sweep instead of chasing highs.
Funding remains neutral to slightly negative, which suggests leverage is still cautious and not overheated. This keeps the structure constructive for another push if spot demand stays active. Structurally, BTC is forming higher lows on the 15m after the sweep, which supports continuation as long as 89.8k holds.
Immediate resistance sits at 90.8k, followed by the broader liquidity zone near 92k. A failure to hold above 89.8k would invalidate the recovery and reopen downside risk.
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BTC is trading near 90,500 after a sharp intraday recovery from the 89,200 liquidity sweep. The bounce was driven by short liquidations below 89.5k, where sell pressure got absorbed quickly and price reclaimed the intraday moving averages. That reclaim shifted short term momentum back to the upside and forced late shorts to cover.
Liquidity behavior shows buyers defending the 90k handle aggressively, while sell side liquidity above 90.6k to 90.8k remains the next magnet. Volume expanded on the impulse candle, signaling real participation rather than a weak bounce. Whale activity looks tactical, with bids stepping in after the downside sweep instead of chasing highs.
Funding remains neutral to slightly negative, which suggests leverage is still cautious and not overheated. This keeps the structure constructive for another push if spot demand stays active. Structurally, BTC is forming higher lows on the 15m after the sweep, which supports continuation as long as 89.8k holds.
Immediate resistance sits at 90.8k, followed by the broader liquidity zone near 92k. A failure to hold above 89.8k would invalidate the recovery and reopen downside risk.
Trade setup TP 90,800 then 92,000 SL 89,700
My take BTC shows a short term bullish recovery after a clean liquidity grab, but continuation depends on holding above 90k. Do your own research.
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