$BTC Liquidity levels to watch in the short term:*
Above, the $82.4K area still has some left. But price did take out most of the local liquidity from the past day. With price at 3 month highs, we would need to zoom out to see the other major levels.
Below, the $80.1K & $78.2K levels are good to watch if price were to trade into them.$BTC
*First Capital Research | Daily FI & UT Watch | 4-May-26*
*“ Quiet start to the week as yields remain steady”*
The secondary market began the week on a quiet note, with low volumes and subdued activity. The secondary market yield curve remained broadly unchanged. Among the traded maturities, the 01.03.2030 tenor traded in the range of 10.05% to 10.10%, while the 01.07.2030 maturity changed hands between 10.20% to 10.25%. Meanwhile, the 01.06.2033 and 15.06.2035 maturities traded at the rates of 11.05% and 11.27%, respectively. On the external front, the LKR depreciated against the USD, standing at LKR 319.93/USD, compared to LKR 319.35/USD seen yesterday. Overnight liquidity in the banking system expanded to LKR 226.55Bn from LKR 218.70Bn recorded previously.
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The Market Leaves Clues Before Every Major Move Before a big trend begins, you’ll see: - higher highs - higher lows - volume expansion - leadership rotation - clean breakouts
Before a trend ends, you’ll see: - failed breakouts - heavy selling - weak rallies - distribution volume - loss of leadership