$BTC šØ BTC Bounce After Brutal Dump
So yeah ā that short-term bounce after the brutal dump is playing out. Not really a surprise š.
š Where Does This Bounce Stop?
Some of those sell candles were huge. Market makers usually squeeze a relief move first, so a bounce was expected.
š Zoom Out
Compare this local top to the structure after the $126K ATH. Looks very familiar:
⢠Sweep above key resistance
⢠Trap late longs
⢠Squeeze shorts
⢠Flush hard
⢠Weak bounce ā continuation
š” Classic Fake Breakout
We saw it at $94.5K: everyone piled in, then the rug got pulled.
ā± Right Now
Waiting to see where the bounce runs out of steam.
ā
Best-Case Scenario for Bulls
1ļøā£ Reclaim $90.5K ā the first level that actually matters
2ļøā£ Grind through $92.5K ā major resistance
3ļøā£ One more liquidity sweep at $94.5K ā the real line in the sand
If BTC breaks and holds above $94.5K, bearish structure is invalid, momentum flips back to bulls.
Until then⦠this is still a bounce inside a larger move.
š¤ Relief Rally or Start of Something Bigger?
$BTC | BTCUSDT | Perp | 87,837.6 | -2.22%
$HANA | HANABSC | HANAUSDT | Perp | 0.02279 | +72.39%
$PIPPIN | PIPPINUSDT | Perp | 0.37911 | +35.81%
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