It is no surprise that we have a cluster of bids showing up in the high 60k's on bitcoin:native . This is the region that I think is realistic to be retested for the "deeper…
CrediBULL Crypto Published: 2026-11-10 18:38 UTC Collected: 2026-11-10 21:29 UTC Original language: Not supplied by source Archived record. This is not a live update.
It is no surprise that we have a cluster of bids showing up in the high 60k's on bitcoin:native .
This is the region that I think is realistic to be retested for the "deeper correction" I've been me…
It is no surprise that we have a cluster of bids showing up in the high 60k's on bitcoin:native .
This is the region that I think is realistic to be retested for the "deeper correction" I've been mentioning- although I still prefer a move back through our range highs first.
You'll notice that this recent cluster of bids that has showed up lines up with our demand zone (triple tap base) below.
The heatmap is essentially a visual confirmation of what we already anticipate by looking at a naked chart- that buyers are likely to show interest at levels where we can identify areas of "demand" (aka bullish orderblocks).
That is why we look at these areas for a bounce/reaction.
Heatmaps aren't magic, they just give us a look "under the hood" which can confirm what we already believe to be true just by looking at price action alone.
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You guys should remember the last time $ETH was trading around these prices I was specifically looking for a sweep of the built up lows marked with the RED X's on the left side of this chart. We never got the sweep- and instead got a massive short squeeze that propelled us higher
Was expecting this zone on $BTC to be tested *after* our squeeze to 90k+- leaving this zone behind is what had me concerned about a push to 90k+ not sustaining. Now that we are getting it sooner rather than later- that is no longer a concern for me- so once we reverse should be l
No change to the ETH/BTC chart I shared a couple of days ago- it has already reached it's range lows. Both charts should soon look nearly identical which makes sense because we expect $ETH to outperform against $BTC during a market-wide reversal.
