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BTC is mounting a major counterattack. You can check @coinank's SMC structure (Smart Money Concepts) indicator on the BTC 1H chart. There are several key elements in the chart:
Price Zones
• Pink zone (upper) = Supply zone/Resistance band, historical market maker distribution area
• Green zone (lower) = Demand zone/Support band, historical market maker accumulation area
• BB (blue block) = Breaker Block, original support broken and reversed into resistance
• FVG (gray area) = Fair Value Gap, K-line gap leaving a "value gap," price tends to fill it back
Signal Markers
• 🔴 Red triangle (▲ pointing up) = Sell signal (appears at top of supply zone)
• 🟢 Green triangle (▼ pointing down) = Buy signal (appears at bottom of demand zone)
• S / S1 / S2 = Swing highs, structural reference levels
• K / % = Key price levels marked on the left
Bottom Subplot
• Volume bar chart
• Open Interest K-line (OI): You can see OI has been rising continuously after 3-13, coupled with price increases = long positions adding, showing strong momentum
Current Status: Price at $73,055, just broke through the previous high near $73,299, with OI rising in sync. Short-term focus: whether $73,299 can be effectively held.