$BTC 📈
Failed breakout at the weekly VWAP. Poor highs were swept with real spot buying and new longs opening, but the move stalled and trapped late longs at the top.
The failure back below weekly VWAP offered a solid intraday short down toward the current lows / Range High level, as discussed in the previous post (I did not take the position given the 30min close above wVWAP).
Now playing patient:
- Looking for a deviation below the current lows / Range High level.
- Expecting shorts to chase into support, play the breakdown.
- Swift reclaim back above the Range High = trigger to go long.
- Targets: current highs ~$87k$ (+ prPOC, prVAH).
- Invalidation: fresh low we put in.
Awaiting OrderFlow confirmation at the key level before any execution.
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$BTC 📈
Price continues to test the weekly VWAP, but buyers have yet to show enough aggression to push above it.
Earlier, fresh shorts entered. As downside momentum stalled, shorts began covering, helping drive the latest bounce alongside a little spot buying.
Now liquidity is building above the recent highs.
Those intraday highs are poor, leaving unfinished business to the upside.
If price reaches that liquidity, I’ll look for intent: rising OI alongside spot buying. Without that confirmation, a move above the highs could be a liquidity sweep rather than a sustained breakout, with price then vulnerable to a rotation back toward the current lows.
The upside auction still looks incomplete as of now - there is currently no short for me at the weekly VWAP without a breakout attempt first. Only then will I receive the information I'm looking for..
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$BTC 📈
Price continues to test the weekly VWAP, but buyers have yet to show enough aggression to push above it.
Earlier, fresh shorts entered. As downside momentum stalled, shorts began covering, helping drive the latest bounce alongside a little spot buying.
Now liquidity is building above the recent highs.
Those intraday highs are poor, leaving unfinished business to the upside.
If price reaches that liquidity, I’ll look for intent: rising OI alongside spot buying. Without that confirmation, a move above the highs could be a liquidity sweep rather than a sustained breakout, with price then vulnerable to a rotation back toward the current lows.
The upside auction still looks incomplete as of now - there is currently no short for me at the weekly VWAP without a breakout attempt first. Only then will I receive the information I'm looking for..
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$BTC 📈
Major retest held as support for now...
OrderFlow wasn’t convincing, so I didn’t take a new position today.
For a long, I’d need to see another attempt at the low: price pushes below and fails, with shorts chasing and getting trapped.
Price rejected weekly VWAP twice today. Definitely a level to monitor.
There’s not much else to update, and not enough happening on the chart to justify watching price action all day :)
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GM ☕️
A major retest is underway on the $BTC chart👀
Price is testing the newly broken Range High - a key level where bulls can show real strength and defend the breakout!
It’s happening pre-NY open, so I’m not especially interested in trading it.
We’re currently watching the OrderFlow in the open Discord for signs of strength that could confirm a long.
Let's see...
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GM ☕️
A major retest is underway on the $BTC chart👀
Price is testing the newly broken Range High - a key level where bulls can show real strength and defend the breakout!
It’s happening pre-NY open, so I’m not especially interested in trading it.
We’re currently watching the OrderFlow in the open Discord for signs of strength that could confirm a long.
Let's see...
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$BTC 📈
Price is reacting off the previous range VAL - the key level we highlighted earlier.
I haven’t spent much time at the charts, and with no high-probability entry, I didn’t take a new short position.
My next key levels to the downside:
🔸 The Range High - a very important bullish retest
🔸 The previous mini-range VAH, confluent with the Golden Pocket and a sweep of the weekend lows
🔸 The range VAH, mini-range VAL, weekly level, and mini-range POC
Alerts are set. When price reaches a zone of interest, I’ll check the OrderFlow for confirmation of a high-probability trade.
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$BTC 📈
No weakness in price action or OrderFlow, so no new short for now.
Price is trading firmly above the range high after breaking the HTF bearish market structure with intent!
My next key levels come from the previous range value area.
I’m pausing spot accumulation here with 30% of my intended size still unfilled. I’ll add the remainder manually on a pullback - will update you here as well!
My latest long also hit full TP after the range-high sweep. I’m still holding long exposure from much lower, so there’s no reason to get greedy.
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GM ☕️
$BTC HTF bearish market structure is history...
And that means for me probability wise there is a >50% chance that we will NOT make another overall low.
So my job for the next few weeks clear: Should we get the retracement find high probability zones of pot. support, confirm with OrderFlow and try and catch a pot. higher low 🔬
For now I'm closely watching the low AVWAP and the GoldenPocket. For now I'm still missing the confluence.
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More traders are getting funded, and they’re withdrawing more when they do 🚀
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$BTC 📈
My last high-probability setup was the long at the range VAH, where a large number of new shorts opened into the level without producing any downside. I took that trade live and walked you through the OrderFlow in detail.
But right now, I simply don’t see another high-probability setup.
Yesterday’s daily candle closed well above the range high (very bullish signal) and price continues to trade and find acceptance above it.
We’re now starting to test the previous range value, which is a key area. So far, however, I don’t see enough weakness to justify a short position.
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$BTC OrderFlow 📊
Price is sitting at a crucial HTF support (rVAH) while OrderFlow shows aggressive shorts continue piling in, with nothing to show for it.
Sellers are pressing. Price isn’t going lower (for now).
👉 Bullish absorption at key support ✅
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GM ☕️
New to OrderFlow?
Stop guessing and start seeing what’s actually happening behind those candles…
$BTC OrderFlow 📊
New shorts are back at it ☠️
Fresh short exposure is entering the market, spot isn’t participating, and price continues to hold these higher levels well.
I would never chase longs after a move like this, but I was open to shorting these prices following such a strong pump. As explained, I needed to see "traders flipping max bullish and new longs chasing the move"
That isn’t happening. Instead, sellers are showing initiative, with no result so far.
For me there is zero weakness to sell as of now.
No confirmation. No new trade!
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$BTC OrderFlow: In-Depth Update 📊
Let’s recap what happened this week, and what we can expect next week 👇
There’s a lot to learn from this one…
And none of this is hindsight analysis. Go back and check the charts; I’ll also link the original posts alongside the relevant quotes.
1⃣ What happened last week?
At the beginning of the week, price moved lower and tested the crucial rVAH level we had been discussing for several days prior. We never try to predict exactly what price will do when it reaches one of our levels. We prepare for it, mark it on our charts and set an alert.
Sept. 11: "for now the overall range VAH remains THE key support for me. [...] Bulls need to defend ~75K USD!"
Price hits our key level that we planned for well in advance, and instead of predicting the future outcome we now switch to the OrderFlow and closely watch the positioning and how price reacts around our key level of interest - are there any indications that this level is actually support?
The OrderFlow showed: "fresh shorts opening into the level without producing any meaningful downside - a sign of bullish absorption. [...] OI remains elevated, which means those shorts are still exposed! That’s exactly the type of response we want to see at support."
Shorts were selling into the level, yet price refused to break below it - that was my confirmation that the level actually can be called support - no prediction, reaction!
The next thing we needed to see was genuine buying intent: enough demand to trap those shorts in losing positions and force them to cover, adding further fuel to a move higher.
I should add that the volatility surrounding the CLARITY Act vote and the FOMC made lower-time-frame execution extremely difficult for me. In the end, however, we entered the trade once those events had passed and price continued to hold above our key level with shorts clearly at risk. The entire setup and execution were discussed live in the open Discord at the time.
On Friday, we finally saw spot buyers step in, new long positions open, and price reward that aggression.
Suddenly, everyone who had sold into the range VAH was trapped in a losing position. The bulls had taken control, and price confirmed it. We didn’t predict this move - we anticipated it based on the OrderFlow at our VERY key level.
We reclaimed several key levels, including the crVAL and crPOC, and are now trading above the crVAH.
2⃣ What are we seeing right now?
Price continues to trade above the current range VAH, yet we’re once again seeing new short positions open on Binance on the weeknd. For now, shorts remain the more popular side of the trade - the crowded trade!
Despite that positioning, sellers have failed to produce any meaningful result thus far. And looking at open interest since the bounce began, we still haven’t seen a major reset.
That tells us there are shorts continuing to hold underwater positions, and you don’t need to be a genius to take a good guess where their stop-losses are clustering. 👀
3⃣ What can we expect next week?
Price is currently trading above key value levels. The short side remains crowded and underwater, and we still haven’t seen a significant reset in open interest.
More importantly, this wasn’t simply a short-liquidation rally. The move showed genuine intent, supported by spot buying and new long positions opening.
Now, imagine you opened a short today, or at any point earlier in the week. Where would you place your stop-loss?
Most likely, just above the major swing high around $83K.
As long as price remains below that level, the higher-time-frame bearish structure stays intact. A clean break above it, however, could have major implications for price action over the coming months.
Considering a short here is absolutely not unreasonable, especially with price trading so close to that higher-time-frame invalidation level. But given the current OrderFlow and price action, I now see a strong chance of that swing high being broken in the coming week.
Shorts have repeatedly failed to produce meaningful downside, while price continues to hold above key support. As long as price remains above the crVAH around $79.5K, my base case for next week is:
- Another push higher
- Underwater shorts being forced out (watch for OI to reset)
- A break in the higher-time-frame bearish market structure
- Traders flipping max bullish and new longs chasing the move (no prediction, but expectation - we will confirm this live with the OrderFlow)
- Only then, a larger move lower to rebalance the inefficiencies left behind
If price breaks the higher-time-frame bearish structure, there is a strong chance that Bitcoin’s low is already in. In that scenario, a subsequent retracement could present another major buying opportunity. The key zones I’ll be watching if this scenario develops will be covered in a separate post.
👉 The short version: Shorts remain popular, crowded, and trapped. As long as Bitcoin holds above the crVAH near $79.5K, I favor another push higher, potentially sweeping the $83K high and forcing crowded shorts out (OI reset). Lose that support, and the bullish scenario weakens. A failed breakout above that HTF high (SFP or Failed Auction) with OrderFlow confirming trapped longs, would then trigger a new short position for me.
What are you expecting in the week ahead? 🤔
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$BTC 📈
No weakness in price action or OrderFlow, so no new short for now.
Price is trading firmly above the range high after breaking the HTF bearish market structure with intent!
My next key levels come from the previous range value area.
I’m pausing spot accumulation here with 30% of my intended size still unfilled. I’ll add the remainder manually on a pullback - will update you here as well!
My latest long also hit full TP after the range-high sweep. I’m still holding long exposure from much lower, so there’s no reason to get greedy.
Show more
$BTC OrderFlow: In-Depth Update 📊
Let’s recap what happened this week, and what we can expect next week 👇
There’s a lot to learn from this one…
And none of this is hindsight analysis. Go back and check the charts; I’ll also link the original posts alongside the relevant quotes.
1⃣ What happened last week?
At the beginning of the week, price moved lower and tested the crucial rVAH level we had been discussing for several days prior. We never try to predict exactly what price will do when it reaches one of our levels. We prepare for it, mark it on our charts and set an alert.
Sept. 11: "for now the overall range VAH remains THE key support for me. [...] Bulls need to defend ~75K USD!"
Price hits our key level that we planned for well in advance, and instead of predicting the future outcome we now switch to the OrderFlow and closely watch the positioning and how price reacts around our key level of interest - are there any indications that this level is actually support?
The OrderFlow showed: "fresh shorts opening into the level without producing any meaningful downside - a sign of bullish absorption. [...] OI remains elevated, which means those shorts are still exposed! That’s exactly the type of response we want to see at support."
Shorts were selling into the level, yet price refused to break below it - that was my confirmation that the level actually can be called support - no prediction, reaction!
The next thing we needed to see was genuine buying intent: enough demand to trap those shorts in losing positions and force them to cover, adding further fuel to a move higher.
I should add that the volatility surrounding the CLARITY Act vote and the FOMC made lower-time-frame execution extremely difficult for me. In the end, however, we entered the trade once those events had passed and price continued to hold above our key level with shorts clearly at risk. The entire setup and execution were discussed live in the open Discord at the time.
On Friday, we finally saw spot buyers step in, new long positions open, and price reward that aggression.
Suddenly, everyone who had sold into the range VAH was trapped in a losing position. The bulls had taken control, and price confirmed it. We didn’t predict this move - we anticipated it based on the OrderFlow at our VERY key level.
We reclaimed several key levels, including the crVAL and crPOC, and are now trading above the crVAH.
2⃣ What are we seeing right now?
Price continues to trade above the current range VAH, yet we’re once again seeing new short positions open on Binance on the weeknd. For now, shorts remain the more popular side of the trade - the crowded trade!
Despite that positioning, sellers have failed to produce any meaningful result thus far. And looking at open interest since the bounce began, we still haven’t seen a major reset.
That tells us there are shorts continuing to hold underwater positions, and you don’t need to be a genius to take a good guess where their stop-losses are clustering. 👀
3⃣ What can we expect next week?
Price is currently trading above key value levels. The short side remains crowded and underwater, and we still haven’t seen a significant reset in open interest.
More importantly, this wasn’t simply a short-liquidation rally. The move showed genuine intent, supported by spot buying and new long positions opening.
Now, imagine you opened a short today, or at any point earlier in the week. Where would you place your stop-loss?
Most likely, just above the major swing high around $83K.
As long as price remains below that level, the higher-time-frame bearish structure stays intact. A clean break above it, however, could have major implications for price action over the coming months.
Considering a short here is absolutely not unreasonable, especially with price trading so close to that higher-time-frame invalidation level. But given the current OrderFlow and price action, I now see a strong chance of that swing high being broken in the coming week.
Shorts have repeatedly failed to produce meaningful downside, while price continues to hold above key support. As long as price remains above the crVAH around $79.5K, my base case for next week is:
- Another push higher
- Underwater shorts being forced out (watch for OI to reset)
- A break in the higher-time-frame bearish market structure
- Traders flipping max bullish and new longs chasing the move (no prediction, but expectation - we will confirm this live with the OrderFlow)
- Only then, a larger move lower to rebalance the inefficiencies left behind
If price breaks the higher-time-frame bearish structure, there is a strong chance that Bitcoin’s low is already in. In that scenario, a subsequent retracement could present another major buying opportunity. The key zones I’ll be watching if this scenario develops will be covered in a separate post.
👉 The short version: Shorts remain popular, crowded, and trapped. As long as Bitcoin holds above the crVAH near $79.5K, I favor another push higher, potentially sweeping the $83K high and forcing crowded shorts out (OI reset). Lose that support, and the bullish scenario weakens. A failed breakout above that HTF high (SFP or Failed Auction) with OrderFlow confirming trapped longs, would then trigger a new short position for me.
What are you expecting in the week ahead? 🤔
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$BTC OrderFlow 📊
Price is sitting at a crucial HTF support (rVAH) while OrderFlow shows aggressive shorts continue piling in, with nothing to show for it.
Sellers are pressing. Price isn’t going lower (for now).
👉 Bullish absorption at key support ✅
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Price is the ultimate validation.
Everything else is simply an input.
This is one of the most important concepts to understand in trading!
News is an input.
Macro data is an input.
Positioning is an input.
Liquidity is an input.
Sentiment is an input.
...
All of these factors ultimately get bundled together and expressed through orders being placed, cancelled, or executed in the market - what we visualize as "OrderFlow. It shows us what participants are doing and how they are interacting with available liquidity.
OrderFlow itself is still an input.
Price is the output.
And ultimately, the most valuable information comes from comparing the two:
What are the inputs telling us, and how is price actually responding?
Effort vs. Result!
A bearish headline comes out?
The headline itself is not the signal.
The question is: Does price actually go lower?
Heavy market selling comes into the tape?
The selling itself is not enough.
The question is: Are sellers actually getting rewarded with lower prices?
Short positioning continues to build?
Again, that alone tells us very little.
The question is: Can those shorts push price lower, or are they becoming increasingly vulnerable while price refuses to respond?
This is where trading becomes much more interesting.
If we see significant selling pressure and price moves lower with ease, the effort is being rewarded. The market is confirming the sellers.
But if we see significant selling pressure and price refuses to move lower, we have a divergence between the input and the output. Something is absorbing that selling.
The same applies to news.
A market receives objectively bearish information and yet refuses to trade lower.
That reaction can tell you much more about the state of the auction than the headline ever could.
This is also why OrderFlow should not be treated as a trading system.
OrderFlow is simply a visualization of the auction. It helps us understand effort: who is aggressive, where participants are positioned, ...
Then we can compare the result - what price is doing: whether that effort is producing a result, and where potential vulnerabilities may exist.
You do not need to know exactly why every order was placed.
You do not need to predict the next headline.
What matters is understanding the information entering the auction and then observing how price responds to it.
Inputs create expectations. Price provides validation.
That distinction is what turns information into something actually useful for trading!
@PeterLBrandt is right. Price is above everything!
It really shouldn’t even be a discussion...
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This article was inspired by a discussion I had with the great
@PeterLBrandt.
There is an important distinction, though: everything discussed above is primarily about lower-time-frame trading.
On the LTF, we are effectively analyzing the game as it is being played. We watch the offense, the defense, the battles in the trenches, and the shifts in control, and when the odds move sufficiently in our favor, we bet on the eventual result.
Peter operates on a much higher time frame. He is not trying to analyze every snap, every drive, or even every individual game. He is looking at the whole season.
At that level, the results of countless smaller auctions have already been compressed into price itself. Trend, structure, major highs and lows, and the behavior of price over time become the primary source of information.
Looking inside every individual game can sometimes improve the larger read, but it can just as easily add complexity and noise that a higher-time-frame trader simply does not need.
So my conclusion is:
LTF: read the auction.
HTF: read the price.
Nothing else needed!
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$BTC OrderFlow 📊
Bullish absorption across venues now!
Large weekend shorts are starting to feel the pressure as spot buyers push them into losing positions.
If that pressure from spot buyers continues and shorts begin to close, their exits will turn into forced predictable market buying pressure - potentially accelerating the move higher.
Let’s see whether sellers can defend these levels, or if late shorts get punished by a sharp weekend bounce.
I’d be sweating hard in those shorts right now... 🥵
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Strong Bottom vs. Weak Low 🥊
What’s the difference?
How do you spot it in real time? (See posts 2 & 3)
A lot to learn here! 👇
(If this kind of content adds value to you, I’d appreciate your feedback, leave a like and I’ll share more insights like this)
1/3 $BTC #
Bitcoin#
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