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A small amount of price-pushing to lure buyers, then a drop back to the 83.56 low.
Core: Distribution at high levels → a relay-style shakeout → luring buyers to sell off, synchronized with the BTC bearish structure.
Follow BTC’s active selloff; weakness in the US stock market only accelerates the decline. Earlier positives have been realized, with heavy sell pressure around month-end delivery, and the overall tone remains bearish.
Heavy selling at high levels triggers long liquidations; after a rebound that lures more buyers, the shorts keep adding positions. The market struggles to absorb demand, and the shorts remain in control.