BTC faces technical correction

Bitcoin price dropped to $77,371 after breaking below key moving averages, with over $800M in long liquidations amid rising US yields and geopolitical tensions.

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$DASH is building a strong base around $34.00, keeping its macro higher low structure well intact above the $29.31 major bottom. Having already proven its capacity for violent moves (reaching $58.63), this consolidation zone offers an ideal setup for position builders.

Key Level to Watch: Key support floor at $33.00.

Upside Target: $42.00 mid range, with extended target at $55.00+.


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#BTC faces technical correction


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Bitcoin (BTC) H4 trend battle is going on right now. Bears have had LTF control for a little over a week and now bulls are putting up an LTF fight. On the H4 chart bears current goal is to maintain bearish market structure and get price to the green box which hasn’t been tested since the end of April. On the H4 chart bulls current goal is to put in a HH which would require getting price (and H4 candle closes) above the $78.5k level. · Open o Daily – $76,767.48 o Weekly – $77,406.57 o Monthly – $76,305.78 · Support o HTF – Green box & $69k o LTF – $75.2k · Resistance o HTF – Blue box o LTF – $82.5k RSI – W1 @ 47 – D1 @ 48 – H4 @ 51

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Bitcoin is beginning to see some pretty decent short term strength… 👀 After losing the 200EMA a few days ago on the 4H timeframe, price has been continuously attempting to reclaim the level, but has faced multiple rejections until now. Not long ago we have JUST seen our first 4H candle break through the 200EMA with some solid strength, signalling what could be the beginning of a new short term rally. It is still too early to tell if this rally will continue on the HTF charts, as we have yet to even see if the 4H candle closes above the level. If we see a close above the 200EMA, we must keep a CLOSE eye on the $78k-$78.5k level and see how price reacts, whether we see rejections or continuation higher… Keep a VERY close eye on these charts…

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1/ BTC closed higher on Wednesday It is approaching the daily TBO Fast line It is under 1% from closing the CME gap from weekend volatility RSI remains bearish after lower high lower low confirmed last week OBV sits below its moving average indicating bearish bias I expect oscillation around current levels

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$BTC Liquidation heatmap shows a lot of delta present around the $74k region meanwhile for the upside we see clusters building around the $83k region. A good dive below would be healthier for targeting more upside. Let's see how the weekly candle closes first. #btc #btcusdt #bitcoin

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$BTC is facing resistance around the $78k region as this was the Weekly open/Monday High. Any break above this could bring us close to the previous month high around $79.7k Let's see if that is possible using orderflow tools. Net longs/shorts is dominated with shorts, funding is little positive with coinbase selling. I cannot come to any conclusion with this data. one thing I can see, even if BTC has to drop it should atleast retest the upper levels of $78.4k or $79.6k or $80.2k These levels are something I mentioned in my private daily BTC update video posted for discord. #btc #Btcusdt #bitcoin

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According to CryptoMe @cryptometugce, BTC’s rise from $60K to $83K was a “strong spot-driven rally,” yet certain “missing legs” remain. In particular, this rally showed little signs of enthusiasm in the derivatives market: ・No expansion in CME futures open interest ・Lackluster activity in the options market ・Persistently low funding rates ・No increase in Deribit open interest Meanwhile, price appreciation appears largely driven by fundamental demand, evidenced by: ・Spot ETF inflows ・Improved Coinbase premium ・Rising CEX spot CVD Thus, this BTC rally was not a leveraged, risky surge—but rather a relatively healthy, spot-driven move—while overall market fervor and bullish conviction have not yet fully returned. The current BTC market may be nearing the quiet accumulation phase preceding a full-blown bubble.

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$BTC update Bulls lost steam up here at the 6M rVWAP which was highlighted when first hit Funding has flipped positive - passive perp bulls trying to hold this up despite spot markets wanting no involvement? There is still a sliver of hope here for bulls and that's simply not losing the 75.5k area. If that happens, we'd have to accept that it was a false range breakout just like we saw last January.

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BTC bounced just under 1% and printed a 4H TBT bullish divergence, but I still see this as a reversal bounce inside a broader bearish setup. The first target is the fast line near $78,433, close to the open CME gap, with a possible overshoot toward $79K before the next leg lower. RSI is still building lower highs and lower lows, and volume is not confirming the excitement. ETH also bounced and confirmed a bullish RSI reset, giving a reasonable short-term target near the fast line around $2,224 and the CME gap near $2,205. I still have BTC, ETH, and several alt shorts open, and I’m treating this rally as a chance to protect profit and add back into shorts if price reaches better levels. Combined stablecoin dominance, BTC dominance, TOTALES, and OTHERS still point to a weak rally rather than a clean risk-on reversal. TradFi is mixed but not comforting. DXY is still trying to fill the 99.516 gap, USDJPY confirmed an open long, and SPX, Dow, and Nikkei are bouncing while RSI structure continues to weaken. Oil hit the target and reversed hard, gold remains strong bearish with a tight TBO squeeze, silver is still bearish consolidation, and uranium is sitting near a possible bounce level. 00:00 BTC bounce, CME gap, and bearish continuation setup 01:32 ETH RSI reset and short-term reversal target 03:32 Stablecoin dominance, BTC dominance, TOTALES, and OTHERS 06:20 DXY, USDJPY, SPX, Dow, Nikkei, oil, gold, silver, and uranium 11:30 TBT, TBO, Journal, Kraken, and Toobit resources 13:21 HYPE, ZEC, NEAR, LIT, TAO, ETH, and BNB setups 18:25 FARTCOIN, XRP, SHIB, ARB, MON, MORPHO, JUP, ZBCN, DASH, and 2Z 25:36 SOL, TON, VVV, AI, PATH, U, and CRWD 31:51 Leverage trading reminder and closing

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$BTC short plan $BTC swing short from 81.1k is still open and unchanged > same for the ETH swing short from 2293. > planning to scale further into the swing short at 79.2k -> CME close My swing average would move to roughly 80.7k. additionally opening a separate short position Plan: > Entry 1: 79.2k with 0.6 size -> right into the CME gap - aligns w. liq levels & retest of mini range VAL above > Entry 2: 79.9k with 0.4 size -> liq density + largest single liq level of the past weeks > Average entry for the new position would be around 79.4k -> leaving some bullets for DCA on confirmation > Target for the second position remains 73.5k liquidity. Been saying it for days now: > for me this is still a corrective bounce within a bearish structure. We haven’t even completed the bearish target sequence from the current move yet -> expecting lower