Token Name: $BTC /USDT – Big Crash Ahead?
Current price is trading around 65,617 USDT, showing a -0.97% change in the last 24 hours. After reaching a recent high near 68,410, price has entered a sharp corrective phase, breaking multiple short-term support levels and accelerating to a low around 65,556.
On the 1H structure (intraday view from the 15m chart), consecutive bearish candles and lower highs clearly indicate strong downside momentum. The rejection from the 68K region triggered sustained selling pressure, and buyers have not yet shown strong reversal signals.
The key support to monitor is 65,500. A confirmed breakdown below this level with strong volume could open the path toward deeper downside liquidity zones.
Trade Setup (Short Bias)
• Entry Zone: 65,600 – 66,200
• Target 1: 65,000
• Target 2: 64,200
• Target 3: 63,500
• Stop Loss: 67,200
If the breakdown level is taken with increasing volume, price can extend the corrective move further. However, a strong reclaim above 66,800–67,000 would weaken the bearish setup and potentially shift structure toward consolidation or short-term recovery.
