Since markets tend to gravitate towards liquidity this trade idea is based on large Limit order shown on the Coinbase order book using Bookmap. This is the first decent amount of Bitcoin buy-side liquidity on the Coinbase order book in months. ~2000 BTC in limit orders levels down to 30k. Hyblock liquidation levels showing 17bn+ of short liquidations, we might have a chance to spike liquidity and squeeze up to the 55k sell orders. This doesn't make sense in the Macro context, but the data and charts seem to support it as a possibility.
Beyond Technical AnalysisSupply and DemandSupport and Resistance

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