Yesterday’s update had Bitcoin cooling near $86,000, sitting between the bullish FVG below and the weekly order block above. The expected sequence was a dip to fill that FVG around $84,000, a push up toward $91,000 to $92,000, a rejection from there, and then a retest of the $88,000 trendline. Over the past 24 hours, that dip never actually showed up. Rather than filling the gap, Bitcoin has held firm and consolidated sideways well above it instead.
The dip a lot of people were waiting for isn’t showing up.
Bitcoin and Solana are holding above their imbalances. Zcash flipped local supply into demand and that opens the next leg if it sticks.
Today’s letter covers the active longs, those flips, and how we’re actually executing them.
realerose.substack.com/p/ski…