At this juncture, I'm observing from the sidelines, awaiting stronger bullish signals before considering my next move.

My current sentiment leans towards anticipating either a further downturn or a period of sideways trading.

The recent liquidation of 13,000 Bitcoin has introduced the possibility of a supply squeeze, where even modest purchases could significantly impact price dynamics.

This dynamic sets the stage for a potential false breakout rally to the upside.

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