$BTC is currently consolidating after a sharp sell-off, forming lower highs on the 4H timeframe, confirming that short-term structure is still bearish.
Price has now rejected from the highlighted supply zone around $71Kâ$72K, showing sellers are defending this area aggressively. This zone aligns closely with the EMAs overhead, adding extra resistance pressure.
Right now, BTC is hovering near $69.7K, trapped between resistance above and liquidity below.
⥠Market has only two clean paths from here:
đč Bullish Case:
A strong 4H close above $72K would invalidate the lower-high structure and open the door for a move toward $74Kâ$76K.
This would offer short-term long scalp opportunities if momentum confirms.
đč Bearish Case:
Failure to hold $68.2Kâ$67.3K support risks another liquidity sweep toward $60K, where the next major demand sits.
đ Key Levels to Watch:
âą Supply: $71Kâ$72K
âą Support: $68.2K â $67.3K
âą Major downside liquidity: ~$60K
đ Final Thoughts:
Market already flushed weak hands.
Now itâs playing patience.
No FOMO.
No prediction.
Just reaction to levels.
Smart money waits for confirmation.
Crowd chases candles.
Trade the structure â not the noise.
#BTC #Bitcoin #Crypto #MarketStructure #4HChart #BinanceSquare #PriceAction đ
