Currently, in the short term, a significant compression phase has occurred between two key liquidity zones.

There is aggressive selling pressure in the market, with prices lacking downward bias, confirming that buy limit orders have absorbed all the outflow orders. This imbalance between the aggressiveness of sellers and the resilience of buyers suggests that the price is accumulating or being maintained within a narrow range to exhaust the sell orders.

The $87,500 region now acts as a decision hub: value is truly being built above it, and as the sell wall above disappears, it will trigger a short squeeze towards $88,200.

Additionally, this is also our weekly VWAP zone, which has been tested multiple times without breaking through, and it is also our VAH zone. If the price can stay above this zone after the US market opens, it could present a good opportunity for an upward breakout.

Proceed with caution, the weekend is here.