Neither the two positives from PCE and non-farm payrolls were able to push BTC to break upwards; instead, it surged and then pulled back. This indicates that the selling pressure around 88K is real and quite significant. The buying power lacks synergy and sustainability. Once, twice, thrice, and then it exhausts. The probability of further downside and bottom testing in the market is increasing. In my latest weekly market report, I’ve outlined the subsequent downward correction trend, with a higher probability of dropping to the 79K–80K range. This week is still narrow-range oscillation.