BTC didn’t drop all night and is still holding above 69k. Early this morning, it dipped to 68.2k but quickly recovered, and there’s still massive short liquidity to clear at 70k. This spot is super prone to creating a bull trap, making everyone think the market is strong and won’t drop, luring people into long positions, only for the market to push up a bit and then suddenly reverse downward. This kind of fake-out move is such a classic. So everyone, keep watching for now. Even if you wait for a confirmed breakout before jumping in, it’s not too late. The selling pressure at 70k is still there, and the market is accumulating both long and short positions at this level—it’s just a matter of which side gets hit. For those who followed me and took profit on half of their long positions earlier, keep holding the rest.