$BTC ‌ Guys, BTC is basically “playing dead” right around 65,000! Over the past 24 hours, it’s been slowly dipping by more than 1%. This move is clearly that the longs are afraid to chase highs, while the main players are using the downtrend to wash the market!

Although the ETF has recorded net inflows for 7 straight days, the price action simply isn’t buying it—everything is being dragged down by macro interest rates and geopolitical trouble in the Middle East. At the moment, market sentiment is fairly panicked, and on-chain data suggests 69K is a short-term trap point for locked-in holders, with extremely heavy sell pressure overhead.

In the short term, expect range-bound wash trading. Resistance at the upper “ceiling” is in the 66,900-67,200 area. Support at the lower “floor” is in the 64,500-65,000 area.