BTC holding 88K looks strong on the surface, but smart money sees something else.

This move is NOT a reversal. It’s a rebound trap.

🔻 Structure Still Bearish (SMC)

Lower Highs are intact

No Break of Structure (BoS)

Key level: 89,644 ➡️ Below this = trend still down

🟥 FVG Refill = Trap Zone

Fair Value Gap: 88,900 – 89,500

Price is pulled up to fill liquidity

Purpose: give late bears a better short entry

⚠️ Watch for rejection / long wicks here

📉 Volume Exposes the Lie

Heavy volume on the drop = real selling

Weak volume on the bounce = retail chasing

➡️ Rising price + shrinking volume = bait

🎯 High-Probability Scenario

Rejection from 89K–89.5K

Break below 88,230

Next target: 86,000

✅ Low-Probability Bull Case

Strong breakout + hold above 89,644

Retest and hold = confirmation

🧠 Strategy

Don’t chase longs

Best R:R is waiting

Hunters wait near 89.5K, not at the bottom

Survive first. Profits come later.

#BTC #BTCUSDT #SmartMoney #CryptoTrading #DeadCatBounce

BTC
BTCUSDT
89,115.9
-0.93%