A clear change of trend structure for $SOL, this is how SMC works.
Only time will tell for $BTC to move to its final down leg.
Target scenarios for $BTC: As estimated we got a smooth UTAD from the Wyckoff distribution. Bearish divergence is a strong confluence for this price breakdown + the breakout from the trendline support, as well as the issue's going on with FTX. CPI latest report coming up on Nov. 10, 2022, 08:30pm EST time. It's only a matter of time to finally see the real bottom.
Bull Trap! Reasons: TA Perspective: - Strong Trendline Resistance @HTF. - H4 Unmitigated Order block/Supply - Respecting Fib level 0.618 - Showing Hidden Bearish Divergence FA Perspective: - FEDS ANNOUNCEMENT OF LATEST INTEREST RATE ON NOV. 3
Early shorts got WRECK! This is the last bounce that's going to happen before the massive dump. CPI Report coming up on Nov. 10, 2022, 8:30am EST time. As we got additional 75bps interest rate which made a total of 4% interest hike for the US. I'm expecting upcoming CPI report should made a negative impact to the whole assets.