Bitcoin
Short

BTC pushed into resistance and got rejected cleanly.

197
No real acceptance above the range.

Now the shift:

Impulse up followed by sharp rejection
Lower high forming under resistance
Break below short term range support

This leans toward distribution, not continuation.

Key levels:

Upper zone acting as supply
Lost support now resistance on any bounce
High volume area above acting as a cap

Momentum has rolled over, weakening upside.

Bullish case: reclaim and hold above the range
Bearish case: continued rejection leads to downside liquidity sweep

This is a breakdown retest environment.

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