$BTC
| Volatility Shock – What Just Happened?
This wasn’t just a chart move — it was pure emotional whiplash in candlestick form.
Bitcoin surged aggressively to $90,365, showing strong momentum and bullish intent, only to reverse sharply and drop back toward $86,600 within a short time. A classic pump-and-retrace move, signaling heavy profit-taking near the highs.
📊 Technical Insight:
The long upper wick reflects strong selling pressure above 90K
RSI near 31 suggests momentum is stretched and the market is approaching oversold conditions
Volatility remains elevated, indicating uncertainty and potential for sharp continuation moves
⚠️ Traders should expect choppy price action and wait for confirmation before entering new positions.
✍️ Nabiha Noor
📌 Like & Follow for more Binance-style market insights