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Good morning.
Weekend price action remains choppy with low momentum. BTC is currently trading around $75,500 and is positioned near a critical support zone at $75,000.
A confirmed breakdown below $75,000 (on a strong lower timeframe close) can trigger a sharp downside move toward $70,000. This makes the current zone highly sensitive.
Key Levels:
Support: $75,000
Major Support: $70,000
Resistance: $76,500 – $78,000
Approach:
Market conditions are uncertain, so avoid aggressive trades. Focus on risk management and wait for confirmation before taking positions.
We had clean moves this week, but current conditions are not ideal for high conviction setups. Active trade updates will resume from Monday.