BTCUSD.P — Wick Above High ≠ Bullish Break of StructureBTCUSD Perpetual ContractBYBIT:BTCUSD.PCryptobingbong📌 BTCUSD.P — Wick Above High ≠ Bullish Break of Structure Timeframe: 15m Market: BTC Perpetual (Bybit) 🧠 Key Observation Price did not break structure bullishly here. Although BTC wicked above the prior high, there was no full-bodied close above the previous high’s wick. That distinction matters. A wick alone shows reach. Structure requires acceptance. 🔍 What This Means The prior high was tested and liquidity was taken Buyers failed to secure a close above resistance Price immediately stalled rather than expanding This behavior is consistent with a liquidity sweep, not a confirmed bullish shift in market structure. ⚠️ Why Early Longs Are Dangerous Here Entering long on the first touch or wick break: Assumes continuation before confirmation Exposes the trade to a sweep-and-reverse scenario Treats intent as fact In this context, an early long can easily become exit liquidity. ✅ What a Real Bullish Break Would Require For this to qualify as a valid Bullish BoS: A decisive candle body close above the previous high’s wick Follow-through or acceptance above the level No immediate reclaim back below resistance Until then, structure remains unbroken. 🧭 Execution Guidance Patience > prediction Let the market prove acceptance If price reclaims the level with strength, bias can flip If price rejects, the sweep thesis gains validity Structure is not about being early. It’s about being right after confirmation. 🧾 Final Thought Wicks hunt liquidity. Bodies establish control. Knowing the difference keeps you solvent. ❗ Disclaimer Educational purposes only. Not financial advice.