BITCOIN Update

113
Heavy order-flow blowback hitting the tape — looks like a sharp internal range liquidity sweep, not a clean reversal.

Price just hunting early shorts near 113 672.

As long as the daily structure stays bearish, any upside should be viewed as liquidity engineering, not trend change.

We’re likely seeing the market clear first-round sellers before resetting positioning.

If the sweep holds and volume fades on the bounce, bias remains short-side.
If we reclaim structure highs with conviction, then — and only then — we reassess.

Structure first. Emotion second.

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