$BTC Update:
After forming a clear double-top near 120K, Bitcoin has entered a corrective phase and is now holding around the 108K support zone, which also lines up with previous demand.
If this level fails to hold, expect a potential dip toward the 102K–100K region before any meaningful rebound attempts.
📊 Market Behavior
Over the past few weeks, we’ve seen a pattern:
📈 Sunday pumps, followed by Monday follow-throughs,
then consistent midweek corrections.
The recent crash has left a visible dent in sentiment — trust takes time to rebuild.
This current move feels more like a punishment for shorters and a response to rising bearish bias, just as highlighted in my earlier update.
🧩 Structure Watch
If Bitcoin manages to form higher highs (HH) and shifts structure bullishly, small long setups could begin to work.
However:
If BTC rallies → alts may still lag.
If BTC prints a lower high (LH) → alts could see limited upside before cooling off again.
Keep your eyes on structure — confirmation beats prediction.
💭 Summary
Double-top → correction ongoing
108K key support holding for now
Breakdown = 102K–100K test
Market still fragile, sentiment recovering
Small HHs = cautious longs possible
Stay level-headed, protect your capital, and watch for structural shifts before committing to new positions. ⚖️