Bullish buy orders placed 32 BTC below 59,500, forming a local defense!


The 448-point lower shadow confirms that buying pressure at 59,000-59,100 is real.
Shorts are temporarily tired of selling + buyers placed buy orders at 59,000 = price naturally drifts upward. This is a classic "vacuum drift", the same logic as the 63,100 rebound we analyzed earlier.
A rebound is not a reversal; estimated rebound to 61,000. This is the last good opportunity to enter a short position.
BTC-2.75%
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