Bitcoin (BTCUSD) has experienced a strong bearish impulse, breaking multiple intraday supports and printing lower lows. After this aggressive sell-off, price is now showing signs of short-term stabilization near a key demand zone, where buyers are attempting to step in.
The current structure suggests a potential corrective rebound if price holds above the recent low. A higher low formation could open the door for a short-term recovery toward the next resistance zone. However, overall momentum remains bearish, and any upside move should be treated as a pullback unless a clear structure break occurs.
Key Levels to Watch:
Demand zone reaction
Higher low confirmation
Break above short-term resistance for trend shift
BTC
66,025.62
-2.28%
ETH
1,935.72
-1.18%
BNB
612.05
+0.02%