utad

The $BTC Spike Is The Final Trap

Everyone is celebrating the move past $91.8k, but zoom out. $BTC has been dancing in a tight range, and that recent spike to $92.3k lacked the volume conviction needed for a true breakout. This looks less like accumulation and more like textbook UTAD (Upthrust After Distribution). The structure is screaming liquidity grab.

We need to remember the elephant in the room: The decade-long trendline is broken. Every current upward move is occurring below that historic axis of support. This spike is functionally a retest of the breakdown zone.

If $BTC fails to reclaim $93.5k convincingly—with real volume, not just noise—the path of least resistance is down. Do not let one green candle erase the reality that the foundational structure is compromised. The distribution phase may have just received its final piece of confirmation.

This is not financial advice. Consult your own risk assessment.

#Wyckoff
#CryptoAnalysis
#BTCTrading
#MarketStructure
#UTAD

⚠️