$BTC has absorbed another wave of already thin liquidity during this drawdown. The broader structure still shows a persistent downside drift, which could accelerate if momentum increases.
The $85K zone below remains a key support area and is holding relatively well for now. A decisive breakdown, especially a move below $83.5K with strong volume, would likely confirm a stop driven move and mark a critical inflection point.
Watching price action and volume closely as the next leg develops.
