$BTC just closed its strongest weekly candle in months , reclaiming the 86k region after a short squeeze wiped out roughly $650M in leveraged shorts. Spot ETFs added close to $1B in net inflows over the same stretch, the largest single day in nearly a year, and one large public holder added to its position under the market average.
price is now pressing back into the 88 to 92k zone that rejected two prior attempts. That matters because a reclaim on a weekly close is not the same as a confirmed breakout.
The real test comes on retest: if 86k to 88k holds as support on the pullback, structure shifts. If it fails, this is just another liquidity sweep inside a wider range.
Funding and OI reset lower into this move, which is constructive, but chasing strength without a plan is how retail keeps ending up as exit liquidity.
verify first. risk later. scale slowly...
#Bitcoin #CryptoMarkets
price is now pressing back into the 88 to 92k zone that rejected two prior attempts. That matters because a reclaim on a weekly close is not the same as a confirmed breakout.
The real test comes on retest: if 86k to 88k holds as support on the pullback, structure shifts. If it fails, this is just another liquidity sweep inside a wider range.
Funding and OI reset lower into this move, which is constructive, but chasing strength without a plan is how retail keeps ending up as exit liquidity.
verify first. risk later. scale slowly...
#Bitcoin #CryptoMarkets
