Even though Bitcoin climbed from 87K to 91K after the recent liquidity push — likely triggered by large institutional movement such as the Vanguard flow — the broader market still looks structurally weak. One bullish spike does not erase the underlying bearish conditions that have been forming for weeks.

Technical structure remains fragile. Trendlines are compromised, volume is weak, and the overall flow still leans downward. This means short-term pumps can easily act as liquidity grabs rather than genuine reversals.

For the market to shift back into a strong bullish phase, we need three key changes:

Consistent ETF inflows, not one-off injections.

A slowdown in selling from long-term holders.

A meaningful increase in spot demand.

Until these factors align, the path of least resistance remains down. Stay patient, stay objective, and continue to respond to what the market is showing, not what we want it to show.

More updates coming as the structure develops. Keep your risk tight and your mindset clear.