$BTC facing short-term bearish pressure after rejection from 81,700 resistance.



Sellers currently control momentum while price trades below intraday structure support.

EP
80,250 - 80,450

TP
TP1 79,900
TP2 79,400
TP3 78,800

SL
81,050

Liquidity was swept above 81,700 before aggressive downside expansion toward 80,266 support.
Current bounce looks weak with lower highs forming and volatility favoring continuation to the downside unless bulls reclaim 81K quickly.

Stay sharp on $BTC #GateSquareMayTradingShare
BTC-1.63%
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GateUser-818d3026
· 5h ago
81K couldn't hold, it's really uncomfortable. Let's see if this pullback can hold at 80,250; if it can't, it will drop to 78,800.
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SugarMarketMaker
· 5h ago
Liquidity is swept and then dumped, classic move
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PerpNightwatch
· 5h ago
SL set at 81,050 is reasonable, if reclaimed at 81K, admit mistake and exit, don't get stuck.
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AlphaAfterTea
· 5h ago
TP3 78,800 is a bit aggressive; I prefer to be conservative and see 79,400
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