BTC warned of "bull trap" risk when breaking through 95500 - the strong weekend trend may be a false signal, and the continuous decline in spot purchasing power validates the pullback logic (short position holding logic is established).
Yesterday's analysis mentioned that the CME BTC gap would be filled on Monday, but the gap above has not been fully closed. From a smaller timeframe perspective, buy orders around 92800 are showing, combined with a decrease in contract open interest, indicating that retail short sellers closed their positions during the morning decline, and long positions' buying pushed the price rebound.
Current key observation point: if unable to break through 95500, the CME gap below may be completed this week.
Tomorrow's Bitcoin strategic reserve news and Wednesday's PCE data may trigger market volatility, suggesting that those seeking stability in the short term should take profits or reduce positions to avoid becoming a victim of liquidity games.
