BTC Price just got rejected from the range highs, retracing yesterday’s pump entirely. We are now trading right above the $70.5k support, which will be crucial for bulls to hold if they want to see further expansion to the upside. A break below this level would clearly weaken the bullish structure and open the door for a move towards $67.1k to fill the CME gap. An important point to keep in mind is that BTC is still range bound, and as long as that remains the case, price will mostly be liquidity driven, hunting both sides. While this could still be a pullback within a broader bullish trend, I see no reason for price to leave this much liquidity below untouched.(Max Trades)