If $BTC closes a strong candle above 72,400, we could see solid buying momentum in the spot market, and it may trigger a decent bullish move. That level would act as confirmation of strength and potential continuation to the upside.

However, if price only sweeps 72,400 (liquidity grab) and quickly rejects back below it, then a short/sell setup can be considered with a proper stop-loss above the sweep high to manage risk.

BTCUSDT

Perp

68,557.8

-0.03%