TOO MANY LONGS. NOT ENOUGH FUEL

BTC may need to sweep downside liquidity and liquidate overleveraged LONG positions before building enough momentum for another rally.

But remember, this is a possible market scenario, not a confirmed move.

I would rather wait for the liquidation sweep, buyer absorption, and a strong reversal signal than blindly chase a SHORT.

Sometimes Bitcoin needs to go down before it can go up.

$BTC $PEPE