⚠️ BTC Liquidity Warning – Local Top Forming or Just a Macro Shakeout?
Market Structure:
BTC failed to hold $70K as support and is trading below key psychological level. Structure still bearish after the 30% drop from $97K → no strong higher low yet. This looks like a distribution zone, not a clean bottom.
Key Levels:
Resistance: $70K – $72K (major flip zone)
Mid Resistance: $75K – $78K
Support: $66K – $63K
Macro Support: $60K (last bull structure line)
Volume & Liquidity:
📉 New capital inflows turning negative → fresh buyers missing.
💧 USDT market cap declining = liquidity leaving the system.
⚠️ Macro FUD (shutdown risk 67%, Fed, China bonds, tariffs) killing risk appetite.
Historically, this setup = local tops or deeper pullbacks.
Outlook:
If $70K stays resistance → downside continuation likely.
Only bullish if liquidity returns + $72K reclaimed with volume.
Until then → rallies are sell-side liquidity, not real trend reversal.
Trader Tip:
No FOMO. Trade levels, manage risk. Macro fear > dip-buy greed right now.
