$BTC
4H Technical Update
Bitcoin on the 4H timeframe is showing signs of a classic distribution structure.
The recent price action suggests:
A strong impulsive move to the upside, followed by failure to sustain higher levels
A slow, controlled pullback, rather than a sharp sell-off
Each rebound forming a lower high, indicating weakening bullish momentum
This type of structure often reflects smart money distribution, where buying pressure gradually fades while sellers gain control. As long as BTC continues to print lower highs, the risk of further downside or extended consolidation remains.
For a bullish continuation, BTC needs to reclaim and hold above key resistance with strong volume. Until then, caution is advised and patience is key.
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