#BTC – Why Is There a Strong Sell-Off? 📉
BTC has just been deeply suppressed after a pump, the main reasons are:
🔸 Steel Resistance 112.5K–113K: Tested multiple times but could not break through → selling pressure activated.
🔸 Bull Trap: The price rises and then immediately falls → fake breakout signal, short sellers take advantage to sell off.
🔸 Volume spikes in red: No longer small profit-taking, but large-scale selling pressure.
🔸 After the strong pump, short-term traders take profits in droves → creating a chain reaction sell-off.
👉 Result: BTC plummeted straight to 111K, short sellers completely dominate in the short term!