The quick bounce on $BTC faded faster than most expected. After piecing together a short-term uptrend, price broke down cleanly and slipped below the weekly open. That adds solid weight to the bearish side.

For me this flips the near-term picture pretty clearly lower. The monthly open is the level that matters most right now. Lose that and I still see room for a sweep down toward the 75K area.

$ETH and $SOL are showing similar cracks too, which lines up with the broader setup.

I’m keeping all my short positions running.

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