$BTC again losing short-term momentum after rejection near the 74K highs 📉



Short $BTC

Entry: 71,200 – 72,200
SL: 73,500

TP1: 70,800
TP2: 70,200
TP3: 69,600
TP4: 68,800

Why:
After the strong rally to 74K, price is now forming lower highs and struggling to reclaim the short-term moving averages. The latest candles show sellers stepping in near the 72K area and momentum is starting to fade. Volume also cooled after the push up, which often signals a pullback phase. If BTC loses the 71K level, a deeper retrace toward the previous support zones around 69K–66K becomes likely.

Trade $BTC here 👇

{future}(BTCUSDT)
BTC-2.58%
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
  • Pin