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#GateEventContractTradeSharingChallenge
The Event Contract Screenshot Challenge is live and the first valid share still carries the 5 USDT fee rebate. New users also get up to 5 USDT first-loss protection, and the daily rewards plus the 3-day lucky draw remain open. Here is the current BTC perpetual structure I am watching and sharing for the challenge.
Price is trading around 79,112 after a clear break of structure to the upside. The most recent BOS sits near the 79,200–79,280 zone, with an order block marked in the same high area. A fair value gap is visible lower, around the 78,850–78,870 region. Supply and demand labels are also plotted near 78,100–78,200. The overall structure still favours the buyers as long as the FVG holds.
The bullish case is a clean hold above the 78,850 FVG and a subsequent push through the 79,200–79,280 BOS zone. If that high is reclaimed with volume, the path of least resistance continues higher. In that scenario the 78,850–78,700 area becomes the first support band on any pullback.
The bearish case starts with a failure to hold the FVG. A break back under 78,850 on rising volume would likely target the supply and demand zone near 78,200–78,100. That would turn the current structure into a liquidity sweep rather than a continuation.
I am treating 79,200 as the immediate upside pivot and 78,850 as the short-term trend filter. Until one of those levels resolves with volume, size stays measured. The next few hours will decide whether this is a continuation or a deeper retracement. A hold above 78,850 keeps the bullish case intact. A break under it shifts the short-term bias lower.
Are you sharing a similar long setup, waiting for the 79,280 reclaim, or already looking for shorts under the FVG? Drop your levels if you are in the challenge.
#BTC #EventContracts
$BTC @Gate_Square