🤔 $GTC 19.6% spike on 28.1x volume looks overextended vs the tape - my bias is that this 1h spike is an overextended, counter-trend expansion vs weekly struct

🤔 $GTC 19.6% spike on 28.1x volume looks overextended vs the tape - my bias is that this 1h spike is an overextended, counter-trend expansion vs weekly structure and a bearish BTC tape, so I am not chasing longs at 0.11047 — I expect a retrace first toward 0.10107 then 0.09779 / 0.09576, and subse…