I feel yesterday’s surge to over 80,000 at $BTC was just a false breakout.

In theory, it should have fallen, but there were too many short sellers who were far too confident, so they got squeezed hard.

Then came the bull trap. After all, it had been at a low level for so long that some people thought things were finally turning around—some even thought a bull run was coming.

But in my view, today’s break below 80,000 is the real deal. Just wait for it to keep falling!