$BTC
Slow markets, somewhat expected with current geo-pol tensions until something further gives.
Local FRVP poc at 103.9 has been a key area throughout June acting as support.
Which is also confluent with my weekly composite profile where again 104 is key - any acceptance below then we probs trade the lows into 98s where there is a cluster of single prints.
Have a fab day all...




I should have added, in potential news driven markets, it's beneficial to monitor the DOM closely for signs of aggressive order flow, eg such as market orders sweeping through the book and for spreads to thin out, which often signals increased volatility.
These conditions typically require quicker adaptation and tighter risk controls.
Currently, the market appears balanced, with tight spreads and no clear initiative from either side.
Intraday trade there’s no directional bias or actionable setup for me at this point from my own personal point of view
From a swing perspective I remain short from the 110–111 areas, and sticking with it until proven otherwise.
Sector:
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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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