A familiar market structure 🗄Bitcoin's consolidation right now looks very similar to May 2026
We saw a good local rise, but at the same time large funds are continuously selling, and the cycle remains bearish
This upside impulse, in my opinion, was largely formed for liquidity redistribution and to take out the main volume of short positions, which at a certain point started to dominate the market heavily
Now that imbalance has been cleared, so we can expect further development of the correction.
What's also important -we had a similar picture last time with a similar pump. We're keeping that in mind
