BTC's structure, stop blindly shorting it again



The structure has indeed turned bearish, but don’t chase just because it’s falling.
Once the Clarity Act news came out, it broke through 79K, confirming a local top.
I’ve seen this script countless times—“buying expectation, selling reality,” always the same.
Then a rebound to 78K, another lower high.
Followed by a drop to 74K, sweeping out both long stops and short squeezes from this recent move.

🚨 Focus here:
Next, see if the lower time frame can regain above 74K.
If it can, there will be a retest targeting the bearish structure, first aiming at 78K (this week’s open), then the CME gap at 79K.

But if it can’t hold above 74K, that’s another story.[Embarrassed]

🧊 Don’t lose sight of the bigger picture:
· Daily chart: bearish bias
· Weekly chart: testing key support
· Overall: looking for lower highs to build the case
· Reversal to bullish conditions: close above 80K

🔁 Two possible paths:
1️⃣ Form another lower high → target heading below 70K
2️⃣ Hold at 74-76K on the weekly → structure can still push upward (but currently less likely)

Understanding the structure is a thousand times more important than guessing the direction.
BTC3.43%
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