This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
Same pattern.
Same compression.
Same liquidity trap.
$BTC is printing a textbook descending channel — again.
First move → +4.7%
Second move → projected +4.8%
Every pullback inside this broader range has been a controlled grind lower… followed by a sharp expansion back to the macro trendline.
This isn’t panic.
This is positioning.
Liquidity builds on the downside.
Break structure → squeeze back to 70k+.
If history rhymes, the next impulse targets the upper range around 70.5k–71k.
The market looks weak until it doesn’t.
Patience is a position.