Bitcoin is currently trading below the local trendline, and early signs of a correction are already appearing. Momentum indicators are flashing warnings.
• Stochastic indicator: Overbought
• Buyer volume: Gradually decreasing
• Price action: Struggling to reclaim trend resistance
👉 Today’s daily close is critical.
If price drops below $69,000, it could confirm a false breakout and trigger a deeper correction across the market.
That’s why I’m still holding my short positions.
Both BTC and weaker altcoins like $OP and
$PIXEL could start sliding if the breakdown confirms.
📉 If you haven’t opened shorts yet, this could be one of the best opportunities — but only if the daily close confirms the weakness.
Watch the close.
Watch the volume.
Trade the confirmation — not the hope.
#BTC $BTC #pixl $PIXEL #op