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🚨 $BTC Momentum Starting To Fade Near Major Resistance 👀
Bitcoin is beginning to show early signs of weakness after rejection near the upper boundary of its ascending channel structure.
Price struggled to sustain momentum around the $82.5K region, while both volume and buying pressure started cooling off — often an early warning signal before volatility expansion.
📊 Key Levels Traders Are Watching
🔹 Major Support Zone: $71K – $72K
🔹 Potential Breakdown Target: $60K – $62K
🔹 Bullish Invalidation: Daily close above $83K
📈 Current Market Structure
Trend remains neutral-to-bullish while channel support holds
Momentum weakening near resistance
Possible correction phase if buyers fail to reclaim highs quickly
⚠️ Important Scenario As long as the lower trendline remains intact, bulls still have a chance to stabilize structure.
But if support breaks with strong volume, broader market sentiment could shift aggressively across crypto.
Right now, the market is entering a critical decision zone.
#GateSquareMayTradingShare