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The relative performance of $BTC vs Equities & Gold is increasingly worrying as time goes on. Hoping that we have frontrun a lot of the pain in the market and will chop for a while before catching a bid as this is the tendency of high-risk sectors. ETFs have seen nearly $2 billion in outflows since 2026 and the intensity of selling is not slowing down either. All this with Equities down less than 5% from their ATHs. There are arguments that suggest we have speedrun into a bear market across all metrics and whilst that may be true, if equities begin their pullback, there is no telling how much more downside Crypto has left before we find a bottom. GL All

$BTC 1d at support, not broken yet. 23 days of range now, still bearish trend. True invalidation of bear-trend is a reclaim of 94k on HTF both 1W+1D. Can make mid-argument for above 90.5k on Weekly too. Level is rinsed now. Size up <78k as fresh level should get some bounces there. On the way there if taking some setups manage size and play relief bounces if longing is your style. 89.1k is mid range, tp existing positions there (if any) and look to reposition post close. Daily close below 86.2k is probably indicative of some trouble so wait for lower to reposition. Given range has been here for long enough now, struggle to see price actually reversing before hitting 82.6k if we do close below as liquidity sweeps in and around 84.6 - 83.8 alr occured. Think people positioning there will be offside and be part of liquidation clusters. Can't get bearish just yet (at this daily level) because its not been lost but view is definitely more bearishly skewed given how long we have spent here. Size up on fresh levels should at least give time and initial reactions to observe strength there. A+ setups at reclaim of Yearly Open A setups at 78.5k and lower on first tests B setups at reclaim of range mid (89.1k) Everything else until then is just noise,air,chop as far as I can tell.

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Within 5% of here we see a local bottom, time to execute