On the daily chart, $BTC faced resistance at the previous high, experienced a false breakout, and then fell back into the consolidation range. Key resistance levels: 7.22-7.4 are high-frequency false breakout zones. Recent price surges appear to be driven by news like war-related safe-haven asset narratives. In essence, the main players are clearing liquidity above, creating a sentiment to chase the rally, then reversing for a pullback—classic market manipulation. As long as the daily chart fails to quickly reclaim the area above 7.22 in the consolidation range, the bias remains downward. Lower target: the previous 60K low area. It's highly likely to first consolidate sideways → create the illusion of holding support → then break down sharply. The goal is to trigger retail stop-losses and harvest long positions. On smaller timeframes, a pullback to test resistance at 7.22 and 7.4K is expected. Short positions should place stop-losses near 7.5K.