BTC's price action tonight is hilarious❗️ After the PCE data came out, the price shot up to 85.5K. My immediate take: 'No need to rush into longing or shorting BTC right now. I predict BTC will most likely continue consolidating in a narrow range to build momentum. Let’s see how solid Friday’s main course turns out.' Retail traders are hyped about the appetizer. But then, those Wall Street veterans took advantage of the market liquidity and dumped BTC all at once—they probably already knew the main course would be solid. Smart money always moves against the crowd’s consensus. They harvest retail traders when liquidity is high. Look closely: Bitcoin’s rebound to just below 88K? Smart money flipped short, and BTC’s price dropped immediately. PCE data came in lower than expected, which is bullish, but smart money flipped short again, delivering a heavy blow that dragged BTC’s price from 85.5K down to around 83.5K. Market liquidity is the key indicator for short-term reversals. Did you get it? I haven’t fully mastered it yet, still learning hard. Also, bears are absolutely dominant on the 1-hour and 4-hour charts, with bearish volume doubling. My estimate for the next move doesn’t look great—expect further pullbacks to the 80-81K range.