Technical analysis by wolfchemist about Symbol BTC: Sell recommendation (6/2/2025)

1. Previous Analysis Validation Our previous week's analysis played out perfectly, aligning well with the market movement.2. Current Market Sentiment The market remains bearish overall. However, we are seeing a short-term price pump, likely due to late short positions entering the market. This is resulting in a price move to trigger short liquidations. The recent 4H swing highs are acting as key stop-loss zones.3. Imbalance & Rebalancing The price is moving upward toward a daily imbalance area (highlighted in orange). We expect the market to rebalance in this zone, potentially leading to a price rejection and continuation of the downward trend.4. Liquidity Zone Our primary liquidity zone lies between \$100K and \$98K. We anticipate this area to be a key region for price reaction.