$BTC BTCUSDT (Bitcoin) 🧠🐻📉

Bitcoin’s current bounce is showing all the hallmarks of late-cycle distribution 😶‍🌫️. Price remains firmly rejected below the six-figure psychological ceiling, a level that now acts as a dominant supply wall 🧱. Historical cycle behavior suggests that post-euphoria phases often unwind far deeper than market participants expect 🪤. Declining momentum relative to prior highs confirms structural weakness 📊. Whales appear to be using strength for orderly exits rather than accumulation 🐳📤. The broader macro backdrop no longer supports sustained risk-on behavior 🌍❌. Trend bias remains decisively bearish 📉.