BTC update : a bit of Binance FUD coupled with a bounce on dollar saw some corrective action on BTC today after we pushed above 28k yesterday for a brief period . But on the LTF , it took out the Equal lows marginally . Bullish invalidation point on Daily still remains at 26,500 in the short term and there is a decent chance if we don’t close the daily below it , we will engulf today’s candle in the upcoming days and start a move higher . So , not all is lost just yet .

Bear case : if we close below 26.5 , we could see an escalation till 23.8k due to the lower liq cascades .