BTC sitting at 73.8k after that ugly drop to 72.6k earlier.

Price is stuck between the short MAs right now, volume has cooled off a bit, and the higher MA is still sloping down. Feels like the market is catching its breath… but that lower low is still fresh in the memory.

Holding 73.5–73.7 looks important for now. Break it clean and we might see another leg lower.

Reclaim 74.2–74.5 and the shorts start sweating.

What’s your bias from here?

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