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Gm and happy Monday! ☀️
$BTC Update & MMT Heatmap
Still sitting under the broken channel structure, with price edging slightly higher overnight to the 67K region - but nothing that changes the bigger picture.
The slow bleed / small bounce dynamic is still playing out. Price has been unable to reclaim structure above, and the larger liquidity pools below at 64K and beyond remain untapped.
Until those lower pockets are cleared, any bounce into the 68–70K supply zone is likely to be sold into rather than sustained.