$BTC
Spot needs to step in — now.
This move lower isn't just perps dumping. Spot is leading the sell-side, which is the exact opposite of what you want while price grinds into major resistance. When spot drives the tape lower at resistance, conviction is weak.
If spot keeps selling here, $79k is the next magnet. That's the line — buyers must show up there or a clean break below sends us straight back to range lows.
Watch the bid. If spot flips and starts absorbing supply, we can hold structure. If not, $79k fast, then risk-off into the low $70s.
Long-term? Still bullish into 2027–2030. But short-term, this is a structure test. Spot flow decides if we hold or fold.
Spot needs to step in — now.
This move lower isn't just perps dumping. Spot is leading the sell-side, which is the exact opposite of what you want while price grinds into major resistance. When spot drives the tape lower at resistance, conviction is weak.
If spot keeps selling here, $79k is the next magnet. That's the line — buyers must show up there or a clean break below sends us straight back to range lows.
Watch the bid. If spot flips and starts absorbing supply, we can hold structure. If not, $79k fast, then risk-off into the low $70s.
Long-term? Still bullish into 2027–2030. But short-term, this is a structure test. Spot flow decides if we hold or fold.
