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Gm and happy Saturday! ☀️
$BTC Update & MMT Heatmap
Nothing changed structurally, price is still chopping at 66k. We’re seeing less reaction on the upside now - pushes are getting weaker and shorter, which usually comes before expansion.
Liquidity below hasn’t gone anywhere - the more time price spends just above without fully clearing it makes it more likely to be drawn into.
Upside still looks possible, but it’s not even being tested. That tells you more than anything - market isn’t even trying to push higher, just slowly giving up ground.
If this continues, it’s less about a sharp move and more about a drift lower into those deeper pockets.