Bitcoin surged to **$108,000**, but this rally shows classic signs of a **Dead Cat Bounce (DCB)**. #DCB
**Why?**
🔹 The pump lacks strong volume conviction.
🔹 Follow-through momentum is fading near key resistance.
🔹 Macro bearish structure remains intact (lower highs/lows).
**What’s Next?**
If this *is* a DCB, we could see:
✅ Retest of support zones ($100K–$102K)
✅ Continuation of the broader bearish trend
✅ Strong rejection at $110K resistance
**Key Levels to Watch:**
▪️ **Resistance:** $110,000 (critical breakout level)
▪️ **Support:** $102,000 → $98,000 (breakdown targets)
**Trading Tip:**
Wait for confirmation! A close below **$105K** with rising volume may validate the DCB thesis. Never FOMO into pumps without volume backup.
#Crypto #BTC #tradingStrategy #MarketAnalysis #Bearish #BinanceSquare
### Key improvements made:
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