BTCUSDT: Your Next Move? The Blue Box OpportunityAlright, focusing on BTCUSDT. This blue box is a critical buying zone.
The market's recent moves demand clarity. You need to know where genuine opportunity lies, avoiding the traps that catch most traders.
I've identified this blue box as a prime area where demand could ignite. But don't just jump in. Here's the plan:
Watch the Volume Footprint: Is there real accumulation, or just noise?
Spot CDV Divergences: Hidden strength often appears here, even if price looks weak.
Confirm on LTF: A clear breakout above minor resistance, followed by a retest as support, is your green light.
Be vigilant for liquidity hunts – those quick dips that shake out weak hands before a real move. If this blue box holds, and we get these confirmations, my bias is firmly upwards.
I only focus on assets with sudden, significant volume increases. BTCUSDT's current setup, combined with this potential volume, makes it a high-interest play.
Keep a very close eye on this blue box. Understanding these subtle signals means you can navigate these intricate dynamics, securing your position for potential gains. Miss this, and you might regret it.
📌I keep my charts clean and simple because I believe clarity leads to better decisions.
📌My approach is built on years of experience and a solid track record. I don’t claim to know it all but I’m confident in my ability to spot high-probability setups.
📌If you would like to learn how to use the heatmap, cumulative volume delta and volume footprint techniques that I use to determine very accurate demand regions, you can send me a private message. I help anyone who wants it completely free of charge.
🔑 On my profile, you can find an extensive track record spanning hundreds of analyses and many examples of my strategies in action. To keep things concise here, I'm sharing just a few of my most recent successful calls as a small snapshot of my ongoing work:
📊 FLOKIUSDT - +%100 From Blue Box!
📊 TRXUSDT - I Do My Thing Again
📊 OGNUSDT | One of Today’s Highest Volume Gainers – +32.44%
📊 TIAUSDT | Still No Buyers—Maintaining a Bearish Outlook
📊 Simple Red Box, Extraordinary Results
Feel free to check out my TradingView profile for all of them; listing everything here would genuinely take too long! 😉
BTCUSDT trade ideas
CONGRATULATIONS IF YOUR SHORTED AT 2300! 2X UP🚨 BIG congrats to those of you who shorted yesterday’s setup around 11PM — we got a perfect entry signal for the short we planned!
Did I catch it? Nope.
Was I deep in dreamland? 😴 Absolutely.
We’re starting the week 2X up — if you're still riding that trade, consider de-risking at the very least. 📉🛡️
Today, I’m watching the internal range setup, along with any reaction from the last demand zone in the previous expansion leg.
I’ll be waiting for a clear market structure shift on the 10-minute before pulling the trigger. ⏳⚡
🗓️ Class Schedule This Week:
Monday: 4PM
Tuesday: TBC
Sunday: TBC
Let’s stay sharp and trade smart this week! 💼📊
Bitcoin at the $107K Line – Is It Going Up or What?Bitcoin at the $100K Line – Is It Going Up or What?
Bitcoin is in a pretty critical spot right now. It’s been holding strong around the $100K zone, but it’s not clear if it’s gonna keep going up or start pulling back. We broke it all down in the video.
BTCUSDT – Is This Just Resistance or a Bull Trap?Bitcoin is now pressing against the key resistance zone around $106,920—a level that has consistently rejected price advances in recent weeks. After a decent recovery, momentum seems to be stalling, and often, that quiet before the storm tells us more than a breakout ever could.
Zooming in, we may be witnessing a classic fake-out formation—a subtle move above resistance to trap late buyers before a sharp reversal. If bulls can’t firmly hold this zone, BTC could very well slip back toward $101,500, aligned with the broader descending trendline.
⚠️ This isn’t about calling tops—it’s about respecting structure and understanding exhaustion. Resistance exists for a reason, and history reminds us: when enthusiasm fades, gravity returns.
BTC NEW UPDATE (4H)After dropping toward the 100K zone and sweeping the liquidity pool, Bitcoin has made a strong rebound to the upside, putting high-leverage short positions at risk. However, it is now approaching a supply zone that could potentially push the price back down toward the 98K area.
If the market maker intends to drive the price lower and trigger a bearish scenario, this is the zone to do it from. Let’s see what happens.
A daily candle close above the invalidation level ($107,000) would invalidate this analysis.
Let’s see how Bitcoin reacts to the red box.
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
09/06/25 Weekly OutlookLast weeks high: $106,812.33
Last weeks low: $100,372.93
Midpoint: $103,592.63
Billionaire spats and V-shaped recoveries, the beginning of June starts off in an interesting way. As President Trump goes forward with "The big beautiful bill" Elon Musk lets his feelings be known publicly sending shockwaves throughout markets, but what does this mean for Bitcoin?
The bill could add $3-5T in US government spending which is great for risk-on assets as there is more money able to flow into markets. I believe this exact thought process is visible on the chart in the V-shaped recovery we can see on Thursday. A clear sell-off as Elon Musk's anti government spending views clash with the bill, the uncertainty causes a sell the news moment, just as BTC comes into $100,000 the dip is bought up on the realization this means greater inflows are on the way, dips are truly for buying at this stage in the cycle and to me, this proves it.
In a more bearish view of the chart I would say the clear resistance is now weekly high at ~$106,000. Anything above that meets huge selling pressure with price discovery on the other side the market just doesn't seem to have the fuel as of yet to make the next step. However I believe it is just a matter of time and as M2 global money supply grows we get closer and closer to seeing new significant highs.
For this week CPI & PPI take place on Wednesday and Friday respectively. With CPI set to grow from 2.3% to 2.5% according to forecasts it will be interesting to see how markets react, expect short term volatility. Key battlegrounds for me are weekly high and midpoint.
Good luck this week everybody!
BITCOIN Short Position Update – June 9, 2025We are the SeoVereign Trading Team.
With sharp insight and precise analysis, we regularly share trading ideas on Bitcoin and other major assets—always guided by structure, sentiment, and momentum.
🔔 Follow us to never miss a market update.
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Bitcoin (BTC) Short Position Strategy
Position Basis: Expected decline after touching the upper diagonal trendline, with additional confirmation from the Deep Crab pattern
1st Target: 104,936
Analysis Summary:
Currently, BTC is likely to face selling pressure after touching the upper trendline of the ascending diagonal pattern. In addition, the formation of the Deep Crab pattern, one of the harmonic patterns, further strengthens the technical basis for a bearish reversal.
The targets are set based on key support zones, and a partial take-profit strategy may be effective depending on market conditions. Setting a stop-loss to prepare for pattern invalidation and sudden rebounds is an essential element of risk management.
TradeCityPro | Bitcoin Daily Analysis #109👋 Welcome to TradeCity Pro!
Let’s dive into the Bitcoin analysis and key crypto indicators. As usual, I’ll walk you through the futures triggers for the New York session.
⏳ 1-Hour Timeframe
In the 1-hour chart, as you can see, yesterday Bitcoin activated the short trigger at 103899 and dropped below the 101750 level. This setup gave an opportunity to open a short position—hopefully you took advantage of it.
✨ After that bearish leg, the downtrend ended and the price began to rise again, now reaching back to the 103899 level.
🔍 If the price gets rejected once from 103899 and then forms a higher low compared to 101750, we can consider a long position on subsequent attempts—if 103899 breaks. If the price breaks this level sharply, the next long triggers will be 105087 and 106586.
📉 For today's short position, we can enter on a pullback to 103899. Personally, I’ll look for a bearish trigger in lower timeframes; if confirmed, I’ll open a short. The main bearish trigger remains the break of 101750.
📊 Currently, volume favors buyers, but we’ve seen divergence during this bullish leg, and volume increased on the last bearish move. So, I still see a higher probability of the market turning bearish rather than bullish.
👑 BTC.D Analysis
Looking at Bitcoin dominance, yesterday it made an upward move to 64.67 after breaking through 64.23. This 64.67 level is a strong resistance, and as shown, the dominance got rejected there.
💫 If this rejection is confirmed, there's a high chance of a retracement back to 64.23. In that case, if the market continues to drop, Bitcoin will likely be a better short than altcoins.
☘️ However, if 64.67 breaks, dominance could initiate another bullish wave.
📅 Total2 Analysis
As for Total2, after activating the 1.16 and 1.13 triggers, it dropped to the 1.1 zone and is now making a pullback to its previous support—similar to Bitcoin.
💥 For a long position, we’ll need a Dow Theory confirmation. For a short, we can wait for a pullback to 1.13 and look for a bearish confirmation to enter.
📅 USDT.D Analysis
Now onto Tether dominance: yesterday, after breaking 4.79, it moved up to 4.98. Following that, it reversed and is now back down to 4.79.
🔑 If 4.79 breaks, Tether dominance could drop further to 4.70 and 4.64. But if it holds and finds support there, another bullish leg may begin.
❌ Disclaimer ❌
Trading futures is highly risky and dangerous. If you're not an expert, these triggers may not be suitable for you. You should first learn risk and capital management. You can also use the educational content from this channel.
Finally, these triggers reflect my personal opinions on price action, and the market may move completely against this analysis. So, do your own research before opening any position.
TradeCityPro | Bitcoin Daily Analysis #108👋 Welcome to TradeCity Pro!
Let’s dive into the analysis of Bitcoin and key crypto indices. As usual, in this analysis, I’ll review the futures session triggers for New York.
⏳ 1-Hour Timeframe
As you can see in the 1-hour timeframe, yesterday the 105087 trigger was activated, and now after a pullback to that level, the price is heading toward the 103899 support.
💥 If you entered a short position based on the 105087 trigger, you can hold it until 103899. If you haven’t opened a position yet, you can consider today’s triggers.
🔽 The first short trigger for today is the 103899 level. A break below this level can start a major bearish move. Personally, I’ll enter a short if this level breaks.
⚡️ Breaking below 38.95 on the RSI will give us a suitable momentum confirmation. If selling volume increases, the probability of a bearish move will rise.
📈 For long positions, our first trigger is the same 105087 level. If a higher low is formed compared to 103899 and this level breaks, it will provide a good long opportunity.
💫 The main long trigger is 106586. If this level is broken, the uptrend can resume and price could move toward higher resistance levels.
👑 BTC.D Analysis
Looking at Bitcoin Dominance, a range box has formed between 63.93 and 64.23.
✨ A break above 64.23 confirms bullish continuation, while a break below 63.93 confirms a bearish trend in dominance.
📅 Total2 Analysis
Moving to Total2, yesterday it closed below 1.17, and now after a pullback, it's heading toward 1.16.
✅ If 1.16 breaks, a short position can be opened. If the downward move turns out to be fake, a break above 1.18 gives us a long trigger.
📅 USDT.D Analysis
Looking at Tether Dominance, yesterday it confirmed above 4.70 and is now moving toward 4.79. A break of 4.79 could signal a continuation of the upward move.
📊 If it closes back below 4.70, the price could move toward 4.64. A break below 4.64 would signal a bearish trend in USDT dominance.
❌ Disclaimer ❌
Trading futures is highly risky and dangerous. If you're not an expert, these triggers may not be suitable for you. You should first learn risk and capital management. You can also use the educational content from this channel.
Finally, these triggers reflect my personal opinions on price action, and the market may move completely against this analysis. So, do your own research before opening any position.
“Bitcoin Elliott Wave Breakdown – Watch This Before You Trade!”🔹 “This is Bitcoin on the 1-Month chart. What we see here is a completed 5-wave impulse according to Elliott Wave Theory.”
🔹 “Wave (1) through (5) is now complete, and the price has hit the upper boundary of a long-term ascending channel.”
🔹 “Notice this red zone? This is a strong resistance area between $76K and $111K. We might be forming a potential double top pattern here.”
🔹 “Divergence is likely forming in wave 5 — a classic sign of weakening momentum.”
🔹 “If we break below $66K and then $53K, expect a drop all the way to the $31K zone.”
🔹 “This level aligns with the bottom of the channel and possibly the 0.618 Fibonacci retracement.”
🔹 “Final target? $31,000 – a key zone for accumulation before the next major cycle.”
Bitcoin Short to 97 K into cpi numbersIn this video I cover the recent drop and what might be a great short on the horizon . With the V shape recovery off the defended 100K level I anticipate that we continue the move up to 107/108K before hitting some resistance and pushing us back into the range leading into the midweek . With cpi news release this could be the catalyst needed to trap the late buyers and drop us into 96K zone .
This video provides context and theory for this short setup so I encourage you to watch .
Tools used Vwap , volume profile , Fibonacci pulls .
Thanks for watching
Any questions please leave in the comments
Safe trading
BTC Is Replaying a Bullish Fractal >>> Are You Watching?Hello guys!
I see a deja vu here! Let’s look at the historical daily chart (Jan–May 2025):
What happened?
Initial Drop (Yellow Oval): Bitcoin approached a key S&D zone but didn't touch it, triggering a short-lived bounce before dropping again.
Second Drop (Red Ovals): This time, price precisely touched the demand zone, triggering a clean bullish reversal.
What followed was a strong trend breakout, sustained higher lows, and an eventual surge past prior resistance levels.
Current 4H Chart Setup: A Mirror Image?
Yellow Highlight: Once again, we saw a bounce that didn't quite touch the key demand zone ($98K–$100K).
Red Zone Prediction: If this mirrors the historical move, the price is likely to return and touch this S&D area before launching a bullish leg.
Blue Path Projection: A sharp reversal is expected post-touch, aiming toward $111K–$113K as the next key resistance zone.
The descending trendline adds confluence
___________________
History Doesn’t Repeat, But It Often Rhymes
Based on this fractal analysis, Bitcoin is likely forming the same bullish base seen earlier in 2025. The setup hinges on one key event: a return to the $99K–$100K zone, where demand is likely to step in aggressively.
If the pattern repeats, the current market may offer one last high-reward long opportunity before a parabolic rally.
Bitcoin Short Position Update – June 7, 2025We are the SeoVereign Trading Team.
With sharp insight and precise analysis, we regularly share trading ideas on Bitcoin and other major assets—always guided by structure, sentiment, and momentum.
🔔 Follow us to never miss a market update.
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Bitcoin Analysis
After a prolonged downtrend, Bitcoin is attempting a temporary rebound in the form of a dead cat bounce. This current upward move appears to be more of a technical rebound within the broader downtrend rather than a strong trend reversal.
From an Elliott Wave structure perspective, the current rebound is being captured as an impulsive wave, which suggests it could either be the final leg of a 5-wave move or the movement just before a corrective phase begins. Based on this view, I am considering entering a short position by targeting the point at which the upward momentum starts to exhaust.
Wave Ratio:
The length of the current 5th wave is approaching 1.618 times the length of the 1st wave, a ratio often observed in overextended wave patterns.
Target Price:
The initial target is set at 104,500, which coincides with the retracement zone of the previous decline and the prior support level.
The current area is considered favorable for a short entry in terms of risk-reward ratio. However, it is crucial to confirm whether the upward wave has truly concluded.
With overbought signals from oscillators and the appearance of a trend-reversal candlestick pattern, a short entry can be considered upon confirmation.
BTCUSDT[BITCOIN]: $150,000 On The Way In Making!Hey there everyone!
Bitcoin took a bit of a dip around 105k, but it’s right back at a crucial level now. We’re keeping a close eye on the daily volume and expecting it to soar towards $115,000 before it might take another dip if the buying pressure dries up.
We’ve got three targets in mind, and you can set or look at them however you like based on your own analysis and preferences. The crypto market is going to be buzzing with volume, so keep an eye on the news and stay focused on the fundamentals. In the world of cryptocurrencies, fundamentals are more important than technicals, and it’s a whole different ball game compared to forex or gold.
Good luck with your trading, and please like and comment on this idea to show us your support. We really appreciate your support throughout our journey, and we’re excited to see it grow and continue.
If you’d like us to analyse a specific pair, just let us know!
Cheers,
Team Setupsfx_❤️
BTC SMC distribution BITSTAMP:BTCUSD That's my prediction about next BTC moves. It looks like classic SMC distribution phase. After reach ATH price failed to break it and fall. Soon I'm expecting move towards 108-110k before final strike down deeper than last time. According to my previous idea it was correct only I was wrong about top. Bearish harmonic pattern on daily time frame were correct
A Follow up to: “Adjustments for Better Readings & VSA vs BTC"When a trend approaches its end, we typically observe the formation of a buying or selling climax. That was certainly the case during Wyckoff’s era. Everything he described—market manipulation, signals, footprints—remains relevant today. But you know what that also means: if it's out there, it’s old news.
Yes, this is still happening, but we need to acknowledge that this information is no longer exclusive. And when a method becomes well-known—especially among retail traders—it can be used against them. Wyckoff himself hinted at this: the manipulators can and do use these same technical patterns to deceive. His real message?
“Keep an open mind.”
📉 In our current BTC chart, we’re seeing a textbook example of potential manipulation. A selling climax is visible—normally a sign of trend exhaustion and a bullish reversal. But is that really the case here? Did the downtrend truly end?
On the 1-Hour timeframe, both the RSI and volume indicators suggest otherwise: a bearish continuation seems more likely.
🧱 We're also witnessing a real-time formation of a Double Top pattern, taking shape since June 6. Measured by body candle spreads (excluding wicks), we observe four touches within a key price rectangle. These align with a known candlestick pattern: the Tweezer Top, commonly associated with bearish reversals.
What’s more, all of this is happening within a supply zone—actually three marked zones on the chart. The most recent zone shows signs of offloading pressure, amplified by both the Double Top and bearish candlestick formations.
And I haven’t even touched on the rejection wicks or how bearish volume spikes are gaining strength. That’s where the principle of Effort vs. Result comes in—remember, nothing in the market is free.
📊 In line with our past two posts, note how price action (PA) shows equal highs while RSI diverges, reinforcing earlier signals. The signs are stacking up.
So, the critical question now is:
Are we heading below the $100.718 level for a confirmed Head & Shoulders pattern?
Or is this just a retest before another move?
If this way of reading the market resonates with you and you want to go deeper—whether it’s building confidence or spotting signals before they play out—I work with a small circle of traders sharing TA privately on a daily basis. Feel free to reach out.
Till next time be well and trade wisely!
Bitcoin's Structure Breaks — PRZ May Trigger a BounceBitcoin ( BINANCE:BTCUSDT ) has finally continued its downward trend , as I expected in my previous idea .
Do you think this downward trend will continue or not?
Bitcoin has now managed to break the Support zone($104,180-$103,670) and the lower line of the Ascending Broadening Wedge Pattern .
In terms of Elliott Wave theory , Bitcoin appears to be completing microwave C of the main wave Y of the Double Three Correction(WXY) .
I expect Bitcoin to continue to decline to the Support zone($102,000-$107,120) and the Potential Reversal Zone(PRZ) and then start to rise again.
I choose to label this idea as ''Long''.
Note: If Bitcoin falls below $100,200, we should expect further declines.
Please respect each other's ideas and express them politely if you agree or disagree.
Bitcoin Analyze (BTCUSDT), 1-hour time frame.
Be sure to follow the updated ideas.
Do not forget to put a Stop loss for your positions (For every position you want to open).
Please follow your strategy and updates; this is just my Idea, and I will gladly see your ideas in this post.
Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
BTC/USDT – Short-Term Long SetupBTC/USDT – Short-Term Long Setup
Bitcoin is bouncing off key support and showing bullish signs.
I'm looking for a short-term long position targeting $105,650.
🟢 Structure looks solid — momentum is building.
📈 Clean chart, tight setup.
🔔 Follow for more sharp entries and real-time analysis!
The Power of Round Numbers in TradingHello, traders! 👀 Do you know why $10K matters more than $10,137.42? You’ve probably noticed it — even if you’re not watching the chart all day. Whenever Bitcoin approaches $10,000, $20,000, or $100,000, something shifts. Volatility spikes. X (formerly known as Twitter) goes wild. And traders tighten their stops.
That’s not a coincidence. It’s the psychology of crypto trading, and few things trigger it more than round numbers in trading.
🎯 Why Round Numbers Act Like Magnets
In both traditional and crypto markets, clean figures like $1.00, $100, $10K, $100K aren’t just visual milestones. They’re emotional ones too. And that’s where crypto market psychology kicks in. Why? People, especially traders, think in psychological numbers.
Retail traders place limit orders near neat levels like $25,000 or $30,000 (not $24,837.65). Institutions often set stop-losses or triggers around these zones. Media headlines focus on thresholds: “BTC Hits $100K” hits harder than “BTC breaks $99,800.” These collective habits cluster orders and attention around these levels, making them support/resistance zones through pure crowd behavior. That’s crypto psychology at work.
🧠 Support, Resistance, and Psychological Warfare
Let’s say BTC approaches $30,000 from below. Here’s what the crypto psychology chart tends to show: retail optimism takes off: “If we break 30K, next stop is 100K BTC!”
Smart money takes profit: Short sellers loooove round numbers. Choppy price action: Emotional trading dominates near psychological zones. This makes psychological numbers in trading incredibly sticky. They become decision-making triggers.
A move above a considerable number might create FOMO.
A rejection just below it might trigger panic selling or trap breakouts.
That’s why psychological numbers in day trading (and longer-term moves) aren’t just fluff; they’re real and show up repeatedly.
🔁 Real Examples of Round Number Power in Crypto
$10,000: Held BTC back in 2017 and 2019 — until it didn't. Once broken, it opened the floodgates.
$20,000: A brutal resistance for years — finally broken in 2020. The price exploded afterward.
$30,000: Became major support during the 2021 bull run. Once it collapsed, BTC slid toward $15K.
$100,000: The ultimate mental level. Traders still ask: “When will Bitcoin hit 100K?” or even “Did Bitcoin hit 100K yet?” The answer? Yes! But every move toward it creates a wave of interest, and sometimes fear. Some already speculate: “Will Bitcoin crash at 110K?”
It’s clear: round levels shape crypto trading psychology, and BTC 100K is more than a price — it’s a narrative. That’s the essence of what psychological numbers are in trading — they’re not technical but emotional.
💬 Final Thought: What’s Your 100K?
For some, 100K BTC is a moonshot. For others, it’s a trap waiting to happen. So the next time Bitcoin approaches a clean round number, ask yourself: Is this price important or just a number that feels important? Let us know how psychological numbers in trading shape your strategies 👇
Analysis No. 71 btc 4hWelcome to KING BTC 3. In the previous long-term analysis, we expected to see 88,000, which is still not unreasonable. However, in the previous one-hour analysis, we expected a rise to 106,800-109,000, which was the first target. However, in this analysis, we expect a price decrease from 104,400-105,800 to 98,000-99,000, then a price increase to the peak in the numbers 109,500-111,800, and from there, embrace the number 88,000. This is just a possibility.
Bitcoin in a clear bearish movementBitcoin in a clear bearish movement
BTC created a clear bearish movement yesterday following our previous swing trade setup.
The price spend some time below the red zone near 106700 and yesterday suddenly the bearish wave started and already reached the first target.
The price could take a pause today near to 103500 - 104000 but it should continue to drop further as shown in the chart with targets 97800 and 94000
You may find more details in the chart!
Thank you and Good Luck!
❤️PS: Please support with a like or comment if you find this analysis useful for your trading day❤️
Previous analysis:
Bitcoin – Entering a distribution phase after a bull trap?Since the second week of May, Bitcoin (BTC) has exhibited a textbook accumulation phase, with a well-defined trading range forming just below the previous all-time high. Beginning around May 12, price action became increasingly compressed, marked by a series of higher lows and relatively flat resistance, indicating growing demand and waning selling pressure. This consolidation structure persisted for more than a week, suggesting that larger players were accumulating positions in anticipation of a breakout. Now it could be making the Power of 3. Accumulation, manipulation and distribution.
Accumulation, manipulation and distribution
Eventually, this coiled energy resolved to the upside. BTC broke through the upper boundary of the accumulation zone with increasing volume and momentum, triggering a sharp rally and leading to the formation of a new all-time high. At that point, market sentiment turned decidedly bullish, with breakout traders entering the market, expecting continuation. However, the price failed to sustain above the previous ATH for long. Despite the breakout’s initial strength, Bitcoin was unable to establish a solid foothold above the critical psychological and technical level, which has now proven to be a key inflection point.
Soon after setting a new high, BTC began to reverse, shedding gains and retracing back below the former resistance level, which had temporarily acted as support. The breakdown below the $106,000 mark, previously the ceiling of the accumulation range, signaled a notable shift in market structure. What was initially viewed as a healthy continuation pattern evolved into what now appears to be a classic bull trap. This type of failed breakout often leaves market participants vulnerable, as late buyers are caught in drawdowns and early longs may be incentivized to exit positions.
Given this context, the recent price action carries the hallmarks of a Power of 3, where market makers and institutions may be offloading positions to less informed participants. This phase is often mistaken for continued accumulation by retail traders due to its structural similarity; however, the key difference lies in the failure to maintain new highs and the emergence of lower highs on any attempted bounce. The rejection above the ATH and the subsequent breakdown below $106K has introduced significant overhead supply, which may act as resistance in the near term.
Target levels
As BTC continues to trade below this critical level, the likelihood of a further retracement grows. The market appears to be transitioning into a phase of redistribution or distribution proper, where price is likely to be capped on rallies and pressured lower over time. It is reasonable to expect that Bitcoin could revisit $100.000 to mid-$90,000s, an area that may serve as a magnet for liquidity and a potential staging ground for the next major move. This region could represent a "Last Point of Supply" (LPSY) within the Wyckoff framework, typically the final area where smart money distributes before initiating a more decisive markdown phase.
Nevertheless, this potential pullback should not be viewed solely as a sign of weakness. In many bull cycles, such corrections and shakeouts serve to flush out over-leveraged positions and reset sentiment, ultimately laying the groundwork for renewed upward momentum. Should BTC find stability and demand re-emerge in the $95K–$100K range, it could mark the beginning of a new re-accumulation phase, leading to a healthier and more sustainable advance.
Conclusion
In summary, the recent breakout above ATH followed by a sharp reversal and loss of key support paints a cautionary picture in the short term. Bitcoin may currently be navigating a distribution zone, with downside pressure likely to persist as the market digests recent gains. However, such corrections are typical in broader uptrends and often present opportunities for strategic entries once the next accumulation structure becomes clear. Patience and disciplined observation will be essential as the market defines its next directional bias.
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