2/2

šŸ”¹ 74–76K Range: Deep Wick and Liquidity Pool

The 74–76K range is widely seen by many technicians as a broad liquidity pool. If price interacts with this region, it’s common to observe:

• A rapid increase in volume,

• A rise in long position liquidations,

• Followed by a swift and strong reaction move.

Thus, the 74–76K range is often associated not with ā€œsustained consolidation,ā€ but rather with a deep wick + strong rebound scenario. In previous BTC cycles, similar bottom areas tended to result in quick, sharp dips and fast recoveries rather than prolonged sideways movement.

šŸ”¹ Critical Threshold for Structural Weakness: Below 72K

From a technical standpoint, sustained closes below 72K could mark a clear weakening of the current short-term structure. Below this level:

• Market perception may shift from a ā€œroutine pullbackā€

• To the possibility of a deeper and more structural correction.

As such, some analysts monitor the 72K level as a threshold where the short-term trend starts being questioned.

šŸ”¹ Overall Assessment

In summary:

• BTC is currently trading in a tight, indecisive structure within the 88–95K range.

• On the downside, the 86.5K – 82K – 78.5K – 75.5K levels stand out due to historical price behavior and liquidity concentration.

• The 74–76K range is highlighted as a deep wick zone and broad liquidity pool, with price often reacting swiftly upon touching this area.

• A sustained break below 72K could be a key threshold indicating weakness in the short-term structure.

This post does not constitute investment advice; it is merely a general analysis and market commentary on BTC’s short-term technical outlook and liquidity zones. Every investor should make decisions based on their own risk profile, time frame, and strategy.