BTCUSDT 1D Structure Analysis (as of May 28, 2025)
Let's break down the deep structure visible in the daily chart:
🧱 Market Structure Overview
Trend Direction: The broader trend from mid-April to early June was bullish, but has recently broken down. Currently, a bearish correction is underway, showing a strong sell-off in recent candles.
🔍 Key Structural Zones ✅ Demand Zone (Highlighted Area: 84,000–87,000 USDT)
Clearly marked on the chart as "DEMAND AREA / PULLBACK".
This area served as a strong accumulation zone before the last major bullish breakout.
Price is approaching this zone again, suggesting a potential bounce or reversal area.
🟨 Break of Structure (BoS)
The previous swing low around 98,000–100,000 has been violated. This signals a change in character (ChoCH) from bullish to bearish.
🕯️ Candlestick Insights
Recent candles are strong-bodied bearish candles with very little wick, indicating momentum selling.
Lack of reversal signals near current lows = potential continuation lower into demand zone.
📉 Possible Scenarios
1. Bullish Scenario (Bounce from Demand Zone) Price enters the 84k–87k zone, forms: Long wick rejection candles (e.g., hammers, pin bars). Bullish engulfing pattern or inside bar breakout. RSI or other momentum indicators may show bullish divergence. Potential rally target: ~96k (first supply zone).
🧠 Strategic Implication Swing traders should monitor price behavior inside the demand zone. Scalpers/intraday may look for volatility plays around 86k support. Confirmation is critical — don’t pre-empt reversal without bullish evidence. DYOR
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