Lois Lubelski exAL

$BTC
{spot}(BTCUSDT)

{future}(BTCUSDT)
1. Overall Structure:
• Market was trading sideways before breaking out into an impulsive move.
• After testing the resistance zone (~$125,000 – $127,500), price failed to sustain upward momentum and reversed sharply.
• Currently showing signs of bearish continuation after multiple rejections.
2. Key Technical Levels:
• Major Resistance: $125,000 – $127,500 (supply zone).
• Entry Zone: ~$115,000 – $113,500 (retest area).
• Target Zone: ~$105,000 – $104,000 (demand/support).
3. Pattern Recognition:
• The chart highlights a Break of Structure (BOS) — confirmation that bulls lost control.
• Rounded top / mini head-and-shoulders formation visible before the decline.
• Price action is now forming lower highs and lower lows, typical bearish structure.
4. Price Action & Momentum:
• Each attempt to push above resistance was strongly rejected (red arrows).
• Breakdown below the structure confirms sellers’ dominance.
• As long as BTC stays under $115,000 – $117,000, bearish bias remains valid.
5. Risk-to-Reward Setup:
• Entry (Short): $113,500 – $115,000.
• Stop-Loss: Above $117,500 (invalidates bearish outlook).
• Target: $105,000 – $104,000.
• R:R ratio is favorable, offering a solid downside opportunity.
6. Market Sentiment:
• Market sentiment has shifted from neutral/bullish to bearish.
• Sellers are now in control, and continuation towards $105K zone is highly probable unless bulls reclaim $117K+.