📉 $BTC /USDT Analysis: Smart Money Concepts (SMC)
🚨 Market Structure
🔻 The chart confirms a bearish trend with lower highs and lower lows over the observed period.
📉 A significant breakdown around January 31 reinforces bearish dominance.
💧 Liquidity Zones
Above the Highs: Liquidity lies near $106,500–$108,000, where stop-loss orders for shorts may trigger.Below the Lows: Key liquidity exists below $97,500, targeting long-stop losses and buy-side orders.
⚖️ Imbalance (Fair Value Gap)
Recent bearish moves highlight potential Fair Value Gaps (FVGs) between $102,500–$103,500, offering retracement opportunities before further downside.
📍 Supply and Demand Zones
Supply Zones (Resistance):
$102,500–$104,000: Price previously reversed here, hinting at unfilled sell orders.$106,000–$108,000: A significant resistance zone on higher timeframes.
Demand Zones (Support):
$97,000–$98,000: A critical support area where buyers are likely to enter.$95,500–$96,500: Long-term support aligned with unfilled buy orders.
📊 Price Prediction
Short-Term Outlook:
📈 Upside Retracement: Price may face resistance at $102,500–$103,500 (FVG) or $104,000–$106,000 (Supply Zone).
📉 Downside Target: A liquidity sweep is expected below $97,500, with potential targets near $95,500 (Demand Zone).
Upside Reversal Potential:
🚀 A break above $108,000 would invalidate the bearish outlook, signaling a possible shift to bullish momentum.
🔑 Key Observations
✅ Bias: Bearish, targeting demand zones below $97,500.
✅ Look for retracements into supply zones for short opportunities.
✅ Watch reactions at demand zones for potential long setups or reversals.
💡 What’s Your Take?
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