While bulls on CT argue, "Let them keep shorting, MM needs fuel to pump it later," bears are aggressively calling it a bearish retest, aiming to trap bulls and dump it below 50k.

We’ve become overly concerned with liquidity maps and MM these days. I still believe that simple trading based on support and resistance works best. We bounced from support and got rejected at resistance. Interesting, right?

Keep things as simple as possible. Don’t let your bias be swayed by others—we're still ranging.