Bitcoin is printing strong buy volume to start the week, sweeping shorts on the way up with no pullback so far.

Why This Level Matters:
Monday moves this aggressive rarely hold and usually snap back. On the bigger picture, we expect the 62,300 neckline zone to break, which opens the path down toward the 58,300–58,600 demand zone.

Gameplan / Primary Scenario:
This is a short setup, but timing is everything. Wait for the volume inflow to cool and price to lose momentum before entering. Two zones are in play: a smaller setup on the first rejection near 63,700, and the major short once the 62,300 neckline breaks down. Once the breakdown confirms, ride the continuation lower toward 58,500.

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Swallow Academy