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$BTC tagged levels it had not held since mid May, then faded. That was the whole day. A spike into the $81.3k–$81.5k area, traders tried to treat it like confirmation, then the bid disappeared into the afternoon. Price spent the rest of the session chewing on ETF flows and Warsh. By the close of the chaos it was back toward $80k and through it, with the day’s range stretching from the low $77ks up to $81.5k depending on the exchange. That is not a clean trend day. That is a $4,000 range on a Fed Friday. The reclaim was real. Mid-May prices came back on the board. The hold was not. ETF inflows were still green into yesterday and that did not stop the fade once hike odds jumped. Speech first, leverage second, $80k third. So the useful read is the range, not the high. $81.5k was the trap for anyone who needed the breakout to be done. The low $77ks was the flush. Everything between those two numbers is the market digesting. Until $BTC can live above $80k again instead of just visiting it, mid-May was a tour, not a homecoming. $BTC