🇺🇸 Breakdown or Bear Trap? The $67K Line Decides
Bitcoin sits at a critical cloud support ahead of U.S. jobs data, while options flows and whale positioning hint that volatility is about to expand.
🪙 Crypto Market Overview
Bitcoin has drifted back toward last weekend’s low, placing price directly at a decision zone ahead of today’s U.S. labor data.
This region aligns with the lower boundary of the two-week Ichimoku cloud, making it structurally significant. Holding here keeps the rebound thesis alive. A sustained move below — particularly with the lagging component confirming — opens the door to a deeper leg lower.
The market is compressing at a technical pressure point.
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