On the early morning of July 2nd, BTC shot up with a green candle, directly breaking through 61,000 and peaking at 61,280. During the day, it continued climbing and is now hovering above 61,300, up 3.47% in 24 hours. Looks pretty fierce, right? But let me tell you, I've seen this script way too many times.

The 61,000 level has been tested multiple times before. Every time it breaks upward, it can't hold and ends up as a false breakout. Today is no different—one green candle and then it fizzles out. Volume isn't backing it up, and the chips near the 60k mark haven't been sufficiently turned over yet. ETFs have seen net outflows for seven consecutive weeks, with $1.8 billion fleeing in just the last week alone—capital has been consistently pulling out. This rebound looks more like a passive pump caused by short covering, not genuine buying pressure. Arthur Hayes just called for 40k a couple of days ago, and big money simply dares not step in at this level right now.

I lean toward this being a bear trap—the move up is just for you to offload. If it's really going to continue rising, it must first hold above 61,800. Otherwise, it's a bull trap.

I'm not chasing this wave; I'll wait for it to drop before making a move. I've already mapped out the key levels. If you want to follow, come talk to me, and I'll send the signal in advance when it's time. I'm here, waiting for you. #btc$btc