🚨 BTC QUICK TAKE: $78K — BREAKOUT OR TRAP?

$BTC Bitcoin is holding near $78K, but the rally comes with a warning. ⚠️

📊 RSI 71 → Overbought zone
💸 ETF inflows streak broken → Aug 28: -$201.9M
⚠️ Spot CVD: -$120M | Futures CVD: -$1.6B

🔥 What this means:
BTC’s structure remains bullish, but the move looks heavily leverage-driven rather than strongly confirmed by spot demand.

🏦 Fed Risk:
Warsh’s hawkish tone at Jackson Hole adds pressure.
Next catalyst: Barr — Sept 1

🎯 Key Levels
🔴 Resistance: $80.6K
🟢 Support: $65.1K
👀 Watch the $77.8K close

Bottom Line:
Bullish structure 📈 + Overbought RSI ⚠️ + Heavy leverage = pullback risk remains.

Would you buy the dip or wait for spot confirmation? 👇

#bitcoin #BTC #crypto #BinanceSquare