X @Ansem

Market Dynamics & Liquidation Events - The largest liquidation event of the year set lows indicative of areas where large spot buyers intervened to halt aggressive selling, suggesting strong support levels [1] - Retesting these liquidation event lows may not trigger the same level of forced selling, making immediate shorting risky [1] - Weekly highs represent areas where supply exceeded demand, and sellers were in control; those who missed derisking may attempt to break even [1] - Breakouts from the established range should be considered strong reversal or continuation signals due to high trading volume [1] Altcoin Trends & High Timeframe Analysis - Many altcoins have broken down from previous trading ranges, indicating a shift to a downtrend [1] - The default assumption should be that these altcoins will form a lower high following the recent lower low, requiring market validation to revert to a bullish bias [1] - Support levels that previously held for extended periods should now act as strong resistance, prompting derisking strategies [1] - Aggressive reclamation of these resistance levels would signal a very bullish outlook [1] Key Levels to Watch - Weekly high/low [2] - High timeframe range highs/lows [2]