$BTC

This kind of choppy price action could actually be ideal for the next big move. With the previous low still holding, traders are likely to short every bounce—setting the stage for a potential squeeze as positions stack up on the wrong side.

That said, there’s some uncertainty since the PML has already been tapped. Today’s weakness in GOLD and $SILVER only adds to the noise, keeping the overall picture murky.

$SYN

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