Bitcoin’s recent price action, to put it simply, is a round of a “false breakout”—fully within expectations.

If 70500 doesn’t hold, it’s already essentially a death sentence for the bulls in the short term. The daily chart + 4-hour timeframe confluence and suppression are right there; it’s not something that can be changed by just one or two pumps.

In the early session, it directly broke below 68500, with the low reaching 68200. The “cover” of high-level consolidation has been completely torn open—no matter how the controllers stage it, it can’t mask the fact of weakness.

Next, don’t keep fantasizing anymore. This kind of structure will only produce a lower low, wave after wave.

The intraday game plan is simple: continue to short with the trend.

Reference level: short directly around 69000, then look first at 67800. If it breaks below, it’s not a question of where to stop—it’s a question of accelerating the downside.

Remember one thing—markets don’t lie; only people who hesitate get harvested.$BTC $ETH