$BTC Approaching $79K – Clear Rejection Signal, Short Scenario Priority 📉

$BTC just experienced a price push towards the $79K zone but couldn't sustain the momentum. The price was quickly rejected at the previous high area and showed clear weakening signals when hitting an important resistance.
After the recent rally, momentum is slowing down. The buyers have tried to push the price higher, but selling pressure appears right at a sensitive zone, indicating that supply pressure remains very high around $79K – $80K.
📈 Why Could This Be a “Liquidation Sweep”?
The price hit the previous high area around $79K and then immediately corrected. This suggests it’s more likely a liquidity sweep rather than a true breakout. Without a strong breakout accompanied by confirmed volume and a solid candle close above the resistance zone, the upward momentum will be limited.
Currently, the short-term structure shows signs of weakening after the rejection. Instead of continuing the uptrend, the market is starting to stall and shows technical correction signals – a common reaction when the price hits a strong resistance zone without enough buying support.
📌 Trading Plan (Short)
⟶ Entry zone: 78,500 – 79,200
⛔ Stop Loss: 80,200
Profit targets:
• TP1: 77,700
• TP2: 77,300
• TP3: 76,800
As long as $BTC remains below the $79K – $80K resistance zone, downward pressure can still continue. If the price clearly breaks and holds above this zone, the short scenario will be invalidated.
Not expecting a sharp crash immediately, but in the current context, the “sell the rally” strategy still dominates until the buyers truly regain control.