🚨 $BTC Sideways Action Is NOT Strength – It’s a Trap
Don't mistake the current chop for stability. While $BTC is bouncing between $57K and $87K, this consolidation phase signals structural weakness, not accumulation.
Market Structure Analysis:
• Liquidity Events:Recent upside moves within this range are acting as liquidity grabs rather than genuine trend reversals.
• Historical Context: In previous cycles, long "boring" ranges often resolved downward to establish a true macro low.
• Key Levels: Former consolidation zones are failing to act as real support.
The data suggests we are digesting prior damage before the next leg lower. Smart money expectations for a final bottom are shifting to below $50K. Caution is required.