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$BTC is under pressure right now, and the reason is simple: liquidity has been grabbed above, structure failed, and sellers are in full control after a heavy distribution zone breakdown.
I’m looking at this chart and what stands out is the clear lower-high formation after the rejection near the 78k zone. That move wasn’t random. That was smart money unloading into strength. Once price lost the mid-range support, downside acceleration became inevitable. The market didn’t just fall — it flushed weak hands and liquidated late longs aggressively.
Market read
I’m seeing a strong bearish continuation structure on the lower timeframe. Price is respecting descending resistance, momentum candles are expanding downward, and every bounce is getting sold quickly. This tells me buyers are defensive, not aggressive. As long as price stays below the broken support, downside remains the higher-probability path.
Entry Point
I’m looking for a short entry around 71,300 – 71,800 if price gives a small pullback into resistance.
If momentum continues without a pullback, a continuation entry below 70,600 also remains valid.
Target Point
TP1: 69,500 – first liquidity pocket
TP2: 68,200 – previous demand zone
TP3: 66,800 – major higher-timeframe demand and panic wick area
Stop Loss
My invalidation is clean and simple above 72,900. If price reclaims that zone and holds, the bearish setup is no longer valid.
How it’s possible
This move is possible because liquidity was already collected above, funding pressure is clearing leverage, and the market is now seeking the next strong demand zone below. I’m not fighting the trend here. I’m following structure, momentum, and behavior. Until buyers show real strength and reclaim key levels, selling rallies makes more sense than catching bottoms.
I’m staying patient, disciplined, and reactive — not emotional. The plan is clear, the levels are defined, and risk is controlled.
Let’s go and Trade now $BTC