$BTC — Structure & What’s Actually Happening
Context (zoomed out):
• Daily is below major MAs → macro pressure still down.
• The drop from ~97.8k broke momentum clean, not emotional.
• Current price (~87.9k) is inside a compression zone, not a reversal.
What price is doing now:
• Short-term bounce failed under resistance.
• Lower highs are intact.
• This is reactional price, not initiative buying.
• RSI isn’t screaming “bottom” — it’s saying fatigue.
Translation:
No side is in control. This is pause + redistribution, not opportunity.
What to Expect:
Two realistic paths:
• Continuation
-Weak bounce → another leg down
-Liquidity below recent lows is still exposed
-This happens if bids stay passive
• Stall
•Chop between recent low and breakdown area
•Time bleed
•Most traders lose here, not on the move
No third option yet. No trend shift confirmed.
The Only Correct Action Right Now!!!!
Observe
Do nothing
Let structure reveal intent
If you need to trade here, the market already won.
HUNT rule reminder (not advice — reality):
Survival is a position.
Waiting is not weakness.
Confusion is information.
