Bitcoin Flash Rally Reversed — Expect Continued Volatility

I think Bitcoin’s brief all-time high and its rapid reversal show the market is still fragile — the move lacked broad conviction and was quickly met with profit-taking and liquidation cascades.

From my view, the price action highlights meaningful resistance and sensitivity to macro headlines; recent gains felt more like a short-covering squeeze than sustainable accumulation.

I’m watching key support and resistance levels closely and prefer to let a clearer trend and volume confirmation develop before scaling new long exposure.