Bitcoin Bulls Are Back, But $BTC Needs to Hold This Line
Honestly, bros, the market is looking spicy right now. We saw a massive liquidity grab above 70k and the flush was brutal for late longs, but the bounce off the 67k demand zone was exactly what the smart money wanted. If you are sitting on stables, don't sleep on this re-accumulation phase. The whales are quietly loading up while the jeets are panic selling the wick. This is the kind of price action that separates the diamond hands from the paper hands.
We are seeing a classic shakeout before the real expansion. The funding rates have reset and the open interest is building back up cleanly. Fudders will tell you it is a trap, but the structure is still bullish on the higher timeframes. You don't want to be the exit liquidity for the next leg up. Keep your eyes on the volume profile; a strong bid at the current range low means the big players are defending this level aggressively.
Not financial advice. Manage your risk.