$BTC is holding on, but barely.

The $75K zone is acting like a ceiling right now, and the market keeps getting rejected every time it tries to push through.

What's keeping me cautiously optimistic is that trendline around $65K. It held twice already in February, and that tells me there's real buying interest down there.

But let's be honest: $BTC is still deep below the 200 EMA at $87K. That's not a bull market posture.

Until we see a clean break and close above $75K, this is still a market that can surprise you to the downside.

Patience is the trade right now.