This is surprising. BTC pumped back above $63,500 this morning after liquidating $1.29B last week! But here's what you need to know: Bitcoin now has $1.12B above up to $65,500 and $2.1B liquidity below down to $60,000 meaning longs below are now the bigger target on the HTF. On the LTF, $62,700 is the closest downside liquidity magnet, making that the high probability level to sweep today. Whales were wiped out but have defended $63,500 for now and have huge sell walls remaining up to $65,000 above, which suggests smart money are still positioned for more downside. Meanwhile, OI is falling and spot demand remains weak, which is a slight improvement but I'd want to see spot demand increasing for a strong move higher. So not much has changed since the last update for me: - Downside $60K liquidity is the big target - Spot demand increasing could change that - Reclaiming $64K would be a good sign I’ll post any changes to my positioning and the key levels I’m watching in the free Telegram (link in bio).(CryptoReviewing)