1️⃣ Range lows holding = absorption Despite repeated sell pressure, BTC defending the range low is a big signal. That usually means:
Sell orders are being absorbed
Larger players are comfortable accumulating here If bears were truly in control, those lows wouldn’t survive multiple tests.
2️⃣ Short positioning near lows You’re spot on here.
The last two daily candle bodies look bearish enough to attract:
Late shorts
Breakout traders expecting continuation down
This often creates fuel for a move up because:
Shorts pile in near support
Any push up forces covering → adds buying pressure
3️⃣ Mid-range rejection ≠ bearish trend Getting rejected from mid-range twice doesn’t invalidate the range.
It simply confirms we’re still in range rotation:
Lows get tested → held
Mid gets rejected → liquidity built This is usually resolved with an expansion move, not endless chop.
4️⃣ $90k = decision level Completely agree here.
Break + hold above $90k → short squeeze + momentum shift
That opens the path to $93k
Clean acceptance above $93k would likely trigger range breakout and trend continuation
5️⃣ What would invalidate the idea Just to stay objective:
A strong daily close below range low
Or acceptance below it (not just a wick)
Until that happens, this is still buyers defending structure.
Bottom line Market looks like it’s:
Punishing impatient longs
Trapping aggressive shorts
Compressing energy near support
Those are usually the conditions before expansion, not breakdown.
Let’s see how BTC behaves around $90k — that’s the real tell 👀📊
