🔻 $JCT -3.8% dump on 9.9x volume reads as distribution not reversal - my bias is bearish here — 1h and daily structure both sit in lower highs/lower lows, BTC

🔻 $JCT -3.8% dump on 9.9x volume reads as distribution not reversal - my bias is bearish here — 1h and daily structure both sit in lower highs/lower lows, BTC is bearish, and the spike dump with sellers dominating plus falling open interest reads as distribution into liquidity, not a finished bott…