BTC continues to perform as expected, and S1 remains the key level to hold short-term. Long-term, wave five may still be forming, but the bigger picture looks fine. Liquidity is stacked in both directions, but if BTC breaks up fast, $85K won’t hold for long, making $92K, $97K–$98K, and $102K important levels to watch.
Anyone who followed our March 10, 2025 update is now in profit. As long as S1 holds, the structure remains intact and doesn’t look bad at all.
Still looking solid overall. There is still a chance that BTC is forming the bottom for the fifth wave, but the macro structure remains in a good position.
Things look balanced for now, with thick liquidity walls on both sides. If BTC moves up quickly, the $85K wall could break faster than expected, triggering a sharp move. Key levels to watch for the future: $92K, $97K–$98K, and $102K.