This is what you have to be prepared for.

Bitcoin is currently trading extremely correctively.

Small pumps, sharp dumps, hunting liquidity with no true direction.

When it does this, prices moves very slowly and lots of liquidity builds up on both sides.

That liquidity then gets hunted and price ranges in a very corrective way.

What we want to see is the price take lower levels with a sharp candle, swipe the longs, and then look for an impulsive reversal.

Impulsive moves are strong moves in one direction, with large volume and very shallow pull backs. Nothing like what we have here right now.

The key levels for this are the established lows.

$87k
$83k
$79k

These are the areas with the main pockets of liquidity.

And yes, annoying as it for those desperate for upwards PA, it is much better to take the lows first because then once that is done, the highs come next.

I can't tell you which level for sure will mark the reversal point, but it will be one of them.

I laid out 10 days ago that sweep of the lows was my worst case, so we just have to allow time to move, the price to play out, and monitor.

Overall the market is telling us what we want to see for bullish continuation into 2026, so whilst this bottoming formation is taking hold, we just need some patience.

I hope this helps.