🚹 $BTC MARKET UPDATE — LEVELS TO WATCH 🚹

đŸ”» Short-Term Structure:

‱ Resistance: $68,500 → $70,200 (sell-side liquidity zone)

‱ Intraday Support: $64,800 → $63,500

‱ Volatility Range: ~6–9% swings within sessions

‱ Liquidation clusters building below $63K

Market is trading inside a compression range — expect sharp wicks both sides before expansion.

🟡 Mid-Term Range (Accumulation/Distribution Box):

📍 $60,000 – $72,000 = Primary Value Area

‱ Range High Rejections: ~$70K (multiple failures)

‱ Range Low Defense: ~$60K (strong bid interest)

‱ 0.618 retrace of last impulse sits near $61K

‱ Historical breakout base: $58K–$62K

This zone is acting as a re-pricing phase after leverage reset.

🟱 Macro Trend (Still Constructive):

‱ Cycle Higher Low must hold above: $55K

‱ Breakout Confirmation Level: Weekly close > $72K

‱ Next Expansion Targets (if reclaimed):

→ $84K

→ $92K

→ Psychological $100K

⚙ Market Drivers (Quant View):

‱ Open Interest flushed ~20–30% from peak → healthier structure

‱ Funding normalized near neutral (no overcrowded longs)

‱ Spot demand absorbing dips instead of chasing highs

‱ Volatility compression typically precedes 15–25% expansion moves

📊 Tactical Plan:

✅ DCA Interest Zone: $55K–$60K

✅ Momentum Entry Trigger: Acceptance above $72K

⚠ Lose $55K → opens downside test toward $50K liquidity pocket

⚠ Current environment favors position building, not over-leveraging.

Patience during range = edge during breakout.

#Synbo #BTC #crypto

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