$BTC just entered the Dead Cat Bounce phase. Most people aren't ready for what's coming next week. $60K → $71K → $30K. Position accordingly.
This specific pattern is a classic trap: a violent relief rally in the middle of a macro downtrend, fueled by short-covering and late retail buyers.
BTC
74,104.71
+0.85%
While the current push toward $71K feels like a recovery, the lack of spot volume and institutional follow-through suggests this is merely a "sucker's rally."
Historically, after such a sharp 45% drop from the $126K peaks, the second leg of capitulation is often faster and deeper, targeting the $30K liquidity pocket where long-term value finally settles. Don't let the green candles blind you; the trend remains structurally broken until major supply zones are reclaimed.