Yan Chi’s take today is quite invigorating.

He said BTC has made a lower low, and the market structure has changed. On the 1-hour timeframe, there’s a small “vacuum” area left behind—when price slowly moves to fill it, you can set up a small short around the 65K area, with a stop-loss at 66K. Put simply, a rebound gives you an opportunity to get out and run—not a chance to chase.
What’s interesting is ETH. He clearly said ETH is stronger than BTC, and it’s holding above the trend line. Don’t short the rebound—wait until the trend line is broken to the downside before considering it. As before, the target range is still 1985-2027.
One is bearish and the other waits for the breakdown—BTC and ETH are playing out two different rhythms. Which side are you on? $BTC