📉 $BTC : Pullback or Reversal?

After a strong drop from ~72k to 65k, the market bounced and is now trading around 67.6–67.8k. At first glance it looks like a recovery, but technically the picture is a bit different 👇

🔍 What we see: — Price is testing EMA(99), acting as resistance

— RSI ~80 → overbought zone

— Market structure still looks bearish

📊 Scenarios:

1️⃣ Main (more likely)

This is a pullback within a downtrend

→ Potential move down

→ Zones: 66,800 – 66,200

→ Next: 65,500 – 65,000

2️⃣ Alternative

If price holds above 68,000

→ Possible move up to 69,200 – 70,000

⚠️ Conclusion:

Not the best area for impulsive longs. The market either needs a cooldown or confirmation through a breakout and retest.

🎯 Best approach: — wait for a pullback or confirmation

— trade levels, not emotions