I present to you a Technical Visual Analysis (Timeframe 4h) for trading in longs or shorts in digital gold $BTC

Market Structure:

Coming from a strong drop from $80,000, the price seems to have found a temporary floor near $60,000.

Currently, the price is in a recovery or technical rebound phase, sitting at $71,250.

We are seeing a formation of "higher lows" in the cp, suggesting momentary buying pressure.

Relevant Zones:

Immediate Resistance: The zone of $72,000 - $74,000. The chart shows that the price has had difficulties surpassing $72k recently (upper wicks).

Immediate Support: The level of $68,000. If it falls below that, the short-term bullish structure is broken.

Sentiment (Order Book):

The indicator at the bottom shows a Sell Offer of 79.46% against a Buy Demand of 20.54%.

Note here: There is massive selling pressure accumulated at current or immediate higher levels.

🔥👉✅️Long or Short? (Disciplined Strategy)

Trading right at the current level ($71,250) is entering "no man's land".

Here are the options according to price action:

Option A: The Short (Bearish)🔥

When: If you see clear rejection (candles with long upper wicks) upon touching $72,200.

Logic: Take advantage of the strong wall of supply shown by the order book.

Target: $68,000.

Option B: The Long (Bullish)

When: Only if the price closes a solid-bodied 4h candle above $72,500 or if it successfully retraces to test $68,500 and rebounds.

Logic: Confirm that the recovery trend has strength to aim for $76k.

Target: $75,500 - $76,000.

Since the supply (79%) dominates the order book, entering Long right now is swimming against the current. The price is testing a psychological resistance ($72k). Discipline suggests waiting for confirmation: either a clear breakout upwards or a rejection to enter. #BTCMiningDifficultyDrop