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$BTC 🌂
We are now seeing the expected rejection.
price tapped into the upper supply zone and immediately started to rotate lower, confirming the positioning imbalance we discussed.
This move now opens the path for a liquidity sweep beneath, with downside magnets building heavy in the 68k region.
As long as price continues to reject acceptance back above this region, rallies will be sold into.
Focus now shifts to how momentum develops on the pullback - whether we see impulsive downside continuation or a slower grind into liquidity.