Bitcoin just closed right at the EMA10 level, sitting nicely above the SMA20—pretty solid structure if you ask me. But here's the thing: there's this CME gap hanging around $89.4k that's begging to get filled.

Wouldn't be surprised if we see a quick dip to tag that gap, potentially even dropping to $88.7k to flush out overleveraged longs. Honestly? That kind of move would actually be healthy. Clears out the weak hands, resets the positioning, and removes a chunk of that downside risk everyone's been worried about.

Sometimes the best rally starts after shaking out the tourists, you know?