$BTC rose for 2 weeks, then returned to the starting point in 1 day—this is the norm for illiquid markets. The rebound isn't dead, but the breakout hasn't materialized. The market hasn't yet proven it can turn the area above 74,000 into support, which is the most typical manifestation of insufficient liquidity.
Spot trading volumes on major exchanges in 2026 are approximately 25-30% lower compared to end-2025, while futures open interest has also clearly increased, meaning both market depth and leverage absorption are thinning out. In this thin order book environment, even relatively modest