RSI isn’t breaking it’s resetting.
Price isn’t dumping it’s absorbing.
After a strong impulsive rally, BTC is consolidating just below resistance. Momentum cooled without a meaningful price pullback a bullish sign. RSI has reset from overbought, leaving room for expansion.
But longs are crowded.
Break above the range → continuation and short capitulation.
Lose support → fast long squeeze.
No prediction.
Wait for the range to resolve.
Manage risk.
