🚨
$BTC MARKET UPDATE — LEVELS TO WATCH 🚨
🔻 Short-Term Structure:
• Resistance: $68,500 → $70,200 (sell-side liquidity zone)
• Intraday Support: $64,800 → $63,500
• Volatility Range: ~6–9% swings within sessions
• Liquidation clusters building below $63K
Market is trading inside a compression range — expect sharp wicks both sides before expansion.
🟡 Mid-Term Range (Accumulation/Distribution Box):
📍 $60,000 – $72,000 = Primary Value Area
• Range High Rejections: ~$70K (multiple failures)
• Range Low Defense: ~$60K (strong bid interest)
• 0.618 retrace of last impulse sits near $61K
• Historical breakout base: $58K–$62K
This zone is acting as a re-pricing phase after leverage reset.
🟢 Macro Trend (Still Constructive):
• Cycle Higher Low must hold above: $55K
• Breakout Confirmation Level: Weekly close > $72K
• Next Expansion Targets (if reclaimed):
→ $84K
→ $92K
→ Psychological $100K
⚙️ Market Drivers (Quant View):
• Open Interest flushed ~20–30% from peak → healthier structure
• Funding normalized near neutral (no overcrowded longs)
• Spot demand absorbing dips instead of chasing highs
• Volatility compression typically precedes 15–25% expansion moves
📊 Tactical Plan:
✅ DCA Interest Zone: $55K–$60K
✅ Momentum Entry Trigger: Acceptance above $72K
⚠️ Lose $55K → opens downside test toward $50K liquidity pocket
⚠️ Current environment favors position building, not over-leveraging.
Patience during range = edge during breakout.
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