after a nice start of the year with a rejection at the demand zone near 30k and price rallying back into 40k also breaking "trendlines" im pretty sure the market is ready to attack some previous highs and important structures to reel in more bulls.. a bull trap i suppose. im looking at 60,500 supply zone to hold price and give a similar rejection we saw at 33k. its kinda obvious now that price is building a lot of liquidity below 30k for bulls to place their sell stops. In my eyes this market still needs to tap back near 20k before making a new all time high.
