$BTC Bearish continuation with clear lower high formation and downside pressure.


Sellers maintaining control below key intraday structure.

EP
75500 - 75800

TP
TP1 75200
TP2 74800
TP3 74200

SL
76200

Liquidity taken from the highs followed by strong downside displacement. Price reacting below resistance with weak consolidation, maintaining bearish structure and positioning for continuation.

Let’s go $BTC ‌
BTC-1.27%
post-image
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
  • 7
  • 11
  • Share
Comment
Add a comment
Add a comment
AuroraSnowyWildernessSolitary
· 2h ago
This logic is quite straightforward: high-level liquidity grab + structural breakdown, a classic bearish script.
View OriginalReply0
NonceNomad
· 2h ago
There is a dense trading zone around 74200 below, watch whether TP3 can reach it.
View OriginalReply0
NotYourExitLP
· 2h ago
Setting a stop loss at 76,200 is a bit far; you need to control your position size.
View OriginalReply0
BlueberryStakingMachine
· 2h ago
TP1 75200 feels conservative, maybe just go straight through
View OriginalReply0
ElevatorMeme
· 2h ago
A weak consolidation without a rebound indicates that the bulls really have no strength left; continue to look for a bearish trend.
View OriginalReply0
GateUser-46033407
· 2h ago
Already placed an order at 75,800, waiting for a rebound confirmation before entering.
View OriginalReply0
ReefUnderTheMoonlight
· 2h ago
The short position structure is indeed clear, with higher points continuously moving downward. Opening a short at this position offers a good risk-reward ratio.
View OriginalReply0