please stop using AI lol is this question from you or the AI (Are you buying strength… or waiting for the market to show its hand?)

BTC just dipped hard and bounced back to around $70,348.
At first glance, it looks like recovery.
But zoom in… the story is more nuanced.
1️⃣ The bounce is reactive, not confident

Price is still below the MA60, which tells us the short-term trend hasn’t flipped bullish yet.
This bounce looks more like relief than strength.
2️⃣ Sellers showed up first

The drop came with strong red volume real selling pressure.
The bounce? Lower volume.
That usually means buyers are cautious, not aggressive.
3️⃣ Structure is still fragile

Lower highs are forming after the bounce.
This often leads to:
sideways consolidation, or
one more dip to grab liquidity before any real move up
Key levels that matter

Support: $70k–$69.5k
Resistance: $70.6k
Why: Actionable and saves traders time
Support: $70,000 → $69,500
If $70k fails: $69k–$68.5k becomes likely
Strength signal: Clean acceptance above $70,600
The lesson 👇
This is not a FOMO zone.
It’s a wait-for-confirmation zone.
Smart traders don’t predict, they react.
Question for you:
Are you buying strength… or waiting for the market to show its hand?
#BTC #Market_Update #TradingSignals