$ETH
ETHUSDT
Perp
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Crypto Web3 Today
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Bullish
BREAKING: Bitcoin extends gains and rises above $92.500, now up +15% since the November 21st low.
Bitcoin rallying 15% to $92.5K isn't a breakout, it's a classic lower high retest of the distribution zone.
The bounce from $80K back to $92K just fills the gap left by the mid-November crash. Volume is thinning as price climbs, and the $92K-$93K level is exactly where bulls got trapped last week. This looks less like a recovery and more like a liquidity grab before the next leg down to test $78K support.
$BTC
{spot}(BTCUSDT)
Bitcoin rallying 15% to $92.5K isn't a breakout, it's a classic lower high retest of the distribution zone.
The bounce from $80K back to $92K just fills the gap left by the mid-November crash. Volume is thinning as price climbs, and the $92K-$93K level is exactly where bulls got trapped last week. This looks less like a recovery and more like a liquidity grab before the next leg down to test $78K support.
$BTC
{spot}(BTCUSDT)
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