The recent bullish movement does not indicate a trend continuation but rather a liquidity grab above previous highs.

The sweep of the London High and the Weekly High, followed by an immediate rejection and re-entry below key levels, indicates a distribution phase rather than a healthy impulse.

The loss of the daily and weekly VWAP reinforces this short-term corrective bias.
On the order flow side, the rise was built with significant volumes but without buyer follow-through. Absorption is visible in the 88k–88.4k zone, and the CVD remains strongly negative during the price increase, signaling a clear institutional divergence.

Aggressive buyers are paying the price while informed actors are distributing their positions.
A net imbalance in liquidity is now observed, with areas of interest mainly located below the current price, particularly around 86.8k and then 86k.

For now, rebounds should be interpreted as retracements within a corrective context and not as opportunities for bullish continuation. $BTC Prioritize scalping(