The broader crypto market remains relatively neutral as traders await today’s U.S. jobs data and tomorrow’s CPI release. Volatility is expected to expand once macro clarity arrives, which is why positioning remains tactical rather than aggressive.
Currently, I am still holding SOL and ETH long positions initiated yesterday, while maintaining swing shorts from last week on BTC, XRP, and JUP. Closing positions at this stage feels premature without confirmation from upcoming economic catalysts.
Bitcoin Technical Overview (BTCUSDT – 1H)
As discussed previously, Bitcoin delivered a short-term bounce from the local bull zone into nearby resistance. That reaction has now played out cleanly.
Price is trading between key liquidity zones, creating two primary scenarios:
Scenario 1 – Bullish Rotation (Long Setup)
If BTC pulls back into the lower demand zone around $64,500–$65,000, this area could provide a technical reaction for a relief bounce. This zone aligns with previous support, liquidity sweep potential, and local structure demand.
Scenario 2 – Bearish Continuation (Short Setup)
If BTC pushes higher from current levels and approaches $69,000, watch for potential bearish divergence on lower timeframes. A rejection from that level could offer a technically structured short opportunity, particularly if momentum weakens into resistance.
Until macro data is released, expect choppy conditions and liquidity hunts on both sides. Risk management remains critical in this environment.
This article is published for informational and educational purposes only and reflects personal market observations. It is not investment advice. Investors should conduct their own research before making any financial decisions. We are not responsible for any investment outcomes.
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