📉 Anyone else catch the short setup?
This recent bounce looked more like a liquidity grab than a genuine trend reversal. The brief push higher created ideal conditions for short entries before the market rolled over again.
🔻 $ETH
The key short zone was between 1690–1745, and price has since fallen back toward the 1640 area, delivering another notable move to the downside.
🔻 $BTC
The critical level to watch was 63,500. Price approached the area, peaked around 63,200, and then lost momentum. The setup was there, but the ideal entry never fully triggered.
Market sentiment remains cautious. For now, this rally appears more like a move to collect liquidity and shake out participants rather than the start of a sustained uptrend.
⚠️ Ethereum continues to show relative weakness, while Bitcoin needs to reclaim and hold above key resistance levels quickly. Failure to do so could increase the likelihood of further downside pressure.
As always, stay focused on price action and liquidity rather than emotion.
$BTC
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