The popular $FIL read is that the rebound is already repaired. The tape says otherwise: price reached $1.2139, then failed to hold the $1.1804 area, while the latest 4h candle sits at $1.1587. Until that supply is reclaimed, this is a recovery inside a volatile range, not confirmation. $FIL is my focus only if a 4h close reclaims $1.1804; below $1.1277 changes the thesis, while $1.2139 is the next upside test before the session closes. #US10YearTreasuryYieldNears5% #CryptoLiquidations$674MIn24H