$BTC Review

$BTC formed a double top at ~$88500, and after pulling back to the neckline, it dropped with increased volume to $83500 yesterday. This aligns with the previous prediction that $88500~89200 is a dense resistance zone.

Three data points to watch:

> ETF had a net outflow of 100 million USD yesterday, ending a streak of 9 consecutive days of inflows.

> PCE data shows inflation exceeding expectations, and traders are starting to bet on a rate cut in July.

> The Nasdaq fell more than 2%, and the quarterly K chart is expected to close with a large bearish candle.