$BTC â đ©ž Short â Fading the relief rally!
Entry: 68032.0
TP: 67773.9
SL: 68158.3
Insight
#BTC is currently executing a textbook bearish trend pullback, retesting the 68k psychological resistance. After five consecutive red months, the market remains in "Extreme Fear" (Index at 7). While some analysts hope for a relief candle, the ongoing bear phase and spot ETF outflows suggest that any bounce toward 68.1k is likely to find heavy sell pressure before a continuation lower toward the 67.7k liquidity zone.
Don't mistake a relief bounce for a reversalâfollow for the macro trend!