Thank you for sharing the chart! Here is a detailed analysis on the four-hour (4H) timeframe for the BTC/USDT pair using classic technical analysis methodology and incorporating elements from the SMC (Smart Money Concepts) strategy:
🧠 1. General Context:
The price is currently at 107,012 USDT.
The highest peak recently was at 110,530 USDT, and the lowest low was at 98,200 USDT.
The market is currently moving within a sideways fluctuation zone, after a strong rise from a low of 98k.
🔍 2. Market Structure Analysis (Market Structure - SMC):
$✅ Market Structure:
Breaking a previous low at 106,438 and then rising above it indicates a change in structure to bullish (CHoCH – Change of Character).
The previous peak at 110,530 has not been broken yet, and it is a strong resistance that should be monitored.
The price has returned to test the supply zone between 107,800 - 108,400.
📦 3. Supply and Demand Areas:
🔴 Strong Supply Zone:
108,000 – 110,500: Sell zone, especially as it coincided with the peak of the chart and a strong decline from it.
🟢 Potential Demand Zone:
103,000 – 104,000: Strong liquidity entry and clear rebound observed.
🧭 4. Average Price (Fair Value / Equilibrium):
Average purchase price (on the chart) at: 108,782 USDT ➤ The price is still below it, indicating a possible attempt to return before any collapse.
📉 5. Potential Recommendation (Short-Term Trade):
🔻 Potential Sell Trade (Short):
The ideal entry zone: 107,800 – 108,400
Stop: Above 110,600
Targets:
TP1: 104,000
TP2: 101,000
TP3: 98,500
✳️ Reason: The area is sellable with price rejection + failure to break a previous peak + the price is currently in a premium zone.
#BinanceAlphaAlert #MarketRebound
🟡 Additional Notes:
Don't forget to follow to receive all updates.
