BTC: Potential Dip into FVGs Before New ATH

• FVG 1 (Nearest): $101 700 – $102 364
  
• FVG 2 (Mid-Zone): $99 900 – $100 600
  
• FVG 3 (Deepest): $97 400 – $98 700
  

• 0.786 Fib @ $101 840.65: Sits squarely in FVG 1, a high-probability bounce zone.
  
• 0.618 Fib @ $100 031.62: Golden Ratio within FVG 2, offering strong support.
  
• 0.5 Fib @ $98 761 & 0.382 Fib @ $97 490.38: Cover top and mid-lower FVG 3 for a deep corrective entry.
  

• Concept: Capitalizing on the SFP at the consolidation high (~$104,145) to trade the anticipated dip towards the FVG/Fibonacci support clusters.
  Aggressive Entry: Look for entries around $103,500 – $103,900 if price retests the upper part of the consolidation after the SFP, showing weakness.
  Conservative Entry: A break below the consolidation low (~$102,364) could offer a confirmation entry, potentially on a retest of this broken level as resistance.
  
• Stop-Loss 🛑: Place above the SFP high, e.g., $104,450 – $104,650, to protect against a false breakdown.
  
• Profit Targets (FVG Zones) 🎯TP1: The top of FVG 1 / 0.786 Fib area (~$102,300 – $101,840). This zone is critical.
  TP2: The FVG 2 / 0.618 Fib area (~$100,600 – $100,030) if TP1 is breached with momentum.
  
• Trade Management & Considerations 🤔:
  • Entry Confirmation: Watch for bearish price action on lower timeframes (e.g., 15m/1H rejection wicks, bearish engulfing) near the SFP high.
    
  • Profit Taking: Consider taking partial profits at TP1. The reaction here is crucial.
    
  • Reversal/Close Short: If price enters TP1 and shows strong bullish rejection (large wicks, engulfing bull candles, volume spike), close the short and prepare to flip to the long scenario.
    
  • Holding for TP2: If price slices through TP1 with sustained bearish pressure, trail your stop above TP1 once it’s clearly broken.
    
  • Invalidation: If price reclaims and holds above $104,650, the short thesis is invalidated.
    

• Concept: Entering on the expectation that one of the FVG/Fibonacci confluence zones will hold as support, leading to a rebound and continuation of the larger uptrend.
  
• Potential Entry Zones 📍:Zone A (Primary): FVG 1 / 0.786 Fib area ($101,700 – $102,364, sweet spot ~$101,840).
  Zone B (Secondary): FVG 2 / 0.618 Fib area ($99,900 – $100,600, sweet spot ~$100,030).
  
• Stop-Loss 🛑:If entering in Zone A: Place below FVG 1, e.g., $101,350 – $101,150.
  If entering in Zone B: Place below FVG 2, e.g., $99,600 – $99,400.
  
• Profit Targets 🎯:TP1: Back to the consolidation high / SFP area (~$104,145).
  TP2: The key resistance zone ($104,675 – $106,500).
  TP3 (Ultimate): The All-Time High ($109,588).
  
• Trade Management & Considerations 🤔:
  • Entry Confirmation: Do not blindly enter. Wait for price to enter your chosen FVG zone AND then show clear bullish confirmation on lower timeframes (e.g., 1H/4H bullish engulfing, hammer, RSI divergence).
    
  • Zone Prioritization: Zone A is the first test. If it fails and breaks down, Zone B becomes the next area of interest.
    
  • Profit Taking & Scaling Out: Take partial profits at TP1 and again at TP2 to secure gains.
    
  • Risk Reduction: After TP1 is hit, move your stop-loss to breakeven or slightly in profit.
    
  • Invalidation: A decisive break below $99,400 invalidates the bounce thesis and suggests a deeper correction.
    

Disclaimer: This is for educational/informational purposes only and not financial advice. Crypto trading carries high risk—always DYOR and consult a qualified advisor.