🚧 Bitcoin’s Rebound Just Hit a Wall
Bitcoin ripped off the low $60Ks after last week’s capitulation-style dump and flirted with $70,000 again.
Then… nothing.
No follow-through.
No momentum.
That silence is loud.
What we’re watching looks like a textbook bear-market relief rally: • Fast bounce
• Dip buyers rush in
• Long-term holders and trapped money use the bounce to exit
• Price stalls under heavy overhead supply
🚩 That’s a warning, not strength.
Sentiment backs it up.
The Fear & Greed Index collapsed to extreme fear — levels last seen around the FTX fallout. Even after a bounce, it’s still far too weak to support aggressive accumulation.
💧 Liquidity is the real villain.
Spot volumes are down roughly 30% vs late 2025.
Order books are thin. That means: Small sells → big drops
Stops trigger → liquidations cascade
Volatility explodes without real panic volume
That’s how BTC can swing thousands in a day…
…and still fail at resistance.
📉 Zoom out to the cycle.
After major peaks, Bitcoin doesn’t bottom in a straight line.
It grinds.
It fakes strength.
It rejects — repeatedly — before a real base forms.
🎯 Level that matters: $60,000 • Hold it → messy consolidation
• Lose it → thin liquidity could accelerate the next leg down
This isn’t a FOMO market.
It’s a patience, levels, and discipline market.
@MISS LEARNER
