$BTC continues to show weakness as bearish pressure dominates the market. As mentioned earlier, the price structure was unstable and the rejection from the resistance zone confirmed the downside risk.
Now BTC has dropped nearly 5%, proving that sellers were in control while many traders expected a bounce.
Current market behavior shows strong selling momentum, with liquidity being taken from over-leveraged long positions. If BTC attempts a relief bounce, the key resistance remains around $69K–$70K where sellers may step in again.
A break below $67K could open the path toward the $65K zone. For now, the trend favors caution as the market continues to punish aggressive longs. 📉
$BTC continues to show weakness as bearish pressure dominates the market. As mentioned earlier, the price structure was unstable and the rejection from the resistance zone confirmed the downside risk.
Now $BTC has dropped nearly 5%, proving that sellers were in control while many traders expected a bounce.
Current market behavior shows strong selling momentum, with liquidity being taken from over-leveraged long positions. If BTC attempts a relief bounce, the key resistance remains around $69K–$70K where sellers may step in again.
A break below $67K could open the path toward the $65K zone. For now, the trend favors caution as the market continues to punish aggressive longs. 📉