Still watching the structure on
$BTC but the market is starting to look stretched after the recent push toward the 80K zone.
This move liquidated a large number of shorts, and when that happens the market often enters a phase where upside momentum slows and a pullback becomes more likely.
A few things to watch now:
• Price is extended after the breakout move
• Liquidity above has already been taken
• Momentum may start cooling after the squeeze
If buyers fail to push higher soon, we could see a short-term retracement before the next major move.
Short-term plan:
Short Bitcoin on weakness or rejection near resistance.
Be patient with entries — after big liquidations the market often moves the opposite way to rebalance liquidity.
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