$BTC pullback makes perfect sense once you look under the hood.

Too many leveraged longs piled in, shorts got wiped out, and the squeeze sent price straight down. Now the reset is showing its first signs of strength.

Whales quietly added 22,500 BTC, funding has turned positive again, and price is holding above the key $81.9k support.

This phase is less “panic” and more “cooling before expansion.” If shorts return and structure flips cleanly, BTC’s rebound can shift into real momentum.

Smart money used the flush to reload. The question is who follows next.