bitcoin:native Today should be interesting. Yesterday BTC moved from $65K to $70K+ as macro conditions flipped strongly in its favor. Today, the market seems to be testing whether that move was real continuation or mostly a massive short squeeze: • DXY trying to recover • Gold pulling back • Nasdaq pre-market basically flat • US10Y back near 4.70% • US30Y back near 5.26% • Oil pushing higher again • Coinbase Premium getting more negative even as BTC pushed from $69K → $72K BTC is also sitting right around the Alpha Level today, after trading above it yesterday. This isn't bearish yet. It's caution. If macro conditions stay neutral or improve, BTC clearly looks like it wants higher — there's a lot of pent-up momentum. But if yields + DXY keep recovering and equities fail to confirm, yesterday may prove to have been mostly shorts getting rekt, followed by a retrace. Today and tomorrow should tell us whether yesterday was the start of something — or just a squeeze. And lets not forget about all CT calling "Bottom was in" . When was the last time every one was long and right and all hyped/right about the bottom?(Decentrader)