$BTC
Update legend treader
Price: $67,900–$68,200
24H Range: $65,700–$68,900
Volume: $42B
Fear & Greed: 5–11 (Extreme Fear)
$66,500 acting as key support (multiple reaction zone)
Higher low forming after volatility sweep
Compression below $68,500 resistance
Liquidation pressure cooling
Momentum:
RSI recovering from oversold
Volume increasing on upside candles
Funding neutral downside aggression slowing
Scenarios:
Bullish Case:
If BTC holds above $66,500 and reclaims $68,500 with volume
Target: $70,000
Breakout extension: $72k–$75k
Bearish Case:
If $66k fails on strong sell volume
Liquidity pocket: $65k- $60k
Bias:
Short-term bullish while above support, but fake breakout risk remains high in extreme fear conditions.
Focus: Confirmation Emotion.
