Currently, BTCUSD is operating within a defined dealing range between $105,000 (low) and $110,600 (high). Price is consolidating near the equilibrium (0.5 level) of this range and forming a sideways structure just above visible sell-side liquidity.
We are seeing confluence with a 4H SIBI (Sell-side Imbalance, Buy-side Inefficiency) overhead, which is currently capping price and adding to short-term bearish pressure. At the same time, price is hovering above a clear liquidity pool marked by sell stops, creating a potential for a liquidity sweep scenario.
Below current price action lies a well-defined 4H BISI (Buy-side Imbalance, Sell-side Inefficiency) zone, which serves as a strong demand area and an ideal draw on liquidity before any potential bullish continuation.
We are seeing confluence with a 4H SIBI (Sell-side Imbalance, Buy-side Inefficiency) overhead, which is currently capping price and adding to short-term bearish pressure. At the same time, price is hovering above a clear liquidity pool marked by sell stops, creating a potential for a liquidity sweep scenario.
Below current price action lies a well-defined 4H BISI (Buy-side Imbalance, Sell-side Inefficiency) zone, which serves as a strong demand area and an ideal draw on liquidity before any potential bullish continuation.
Note
Execution Outlook:Expectation: Price to sweep the sell-side liquidity resting just below current consolidation.
Target zone: 4H BISI zone (~$106,200–$106,700) to get filled.
Bias: Bullish after the sweep and mitigation of the BISI.
Invalidation: A clean break and close below the BISI zone could suggest deeper draw on liquidity towards the lower range boundary near $105,000.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.