BTC Weekly Check-in: A Straightforward Monday Market Read

Monday brought no major surprises—the bigger picture remains intact. Here's what's worth tracking:

Those shaded areas on the chart mark the sweet spots for trading activity. Short positions make tactical sense around the current resistance zone, targeting the support pocket sitting just below. That lower level happens to coincide with the yearly open—a classic confluence point.

The real risk? If BTC breaks below that bottom support, fresh lows become the next probable target. Watch that level closely—it's the line between consolidation and capitulation.