ChainCatcher reported that analyst Killa argued many traders remain fixated on imbalance zones, weekly fair value gaps, or low-volume areas within specific price ranges. He said that while tracking those zones has merit, bull markets often behave differently: imbalances created by strong upside moves usually do not get fully filled. Drawing on historical market behavior, Killa said explosive candles formed near a bottom frequently remain unfilled instead of being revisited later.
Based on that view, he said Bitcoin is unlikely to retest his $62,600 2x long entry area, and he also does not expect it to return to the $65,800 average spot accumulation cost he had previously shared publicly. In his framing, the absolute worst case may only involve some form of capitulation near $70,000. He added that a more likely setup is for BTC to hold the $73,000 to $75,000 range and then begin another leg higher, with $85,000 as the next upside target.
According to ChainCatcher, analyst Killa said many market participants keep watching for imbalance zones, weekly FVGs, or low-volume areas within specific price ranges.
He said that focus is understandable, but added that in a bull market, imbalance zones created by strong upward moves usually do not get fully filled. Looking at historical data, Killa wrote that explosive bullish candles formed near market bottoms often remain unfilled.
On that basis, he said BTC is unlikely to revisit his $62,600 entry point for a 2x long position. He also said he does not expect Bitcoin to return to the $65,800 average cost of his previously disclosed spot accumulation.
Killa added that the absolute worst case may be some kind of capitulation near $70,000. In his view, the more likely outcome is that BTC holds the $73,000 to $75,000 area, then starts a fresh advance toward $85,000.
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