"#Bitcoin is currently trading with a negative funding rate, indicating that there are significantly more short positions than longs in the market. This reflects a healthy market structure. Uptrend likely to continue!"
There was a significant liquidity pool around 92k.
Typically, during a liquidity hunt, we would have tapped 92k and seen an immediate rejection — but that hasn't happened here. Interestingly, most of the buying activity consists of spot limit orders, with minimal involvement from futures longs. This indicates a much healthier pump.
Additionally, there’s a notable build-up of short positions in the 97–101k range, which appear poised for liquidation.
Watch for rejection or breakout confirmation in this zone.
Support Zone: 87K – 88K
Key area for potential bounce or accumulation if price drops.
Keep an eye on price action near the resistance; if BTC breaks above with volume, next leg up could start. A rejection here might lead to a test of the support zone.
It's now trading near $85K, with resistance at $78K–$79.5K after this target will be 72k. Analysts say the correction may be mostly done, but BTC might stay volatile and move sideways for a while.
Bitcoin is approaching a critical breakout point on the 4-hour chart! After multiple rejections from the descending trendline, BTC is now consolidating just below resistance.
Recent Targets Hit: ✅ 76,600K – Successfully reached. ⏳ 70-74K – Currently in progress, awaiting confirmation.
BTC is at a critical level, consolidating in the 70-74K range. If support holds, another attempt toward ATH is possible. However, if a Black Swan event occurs, BTC could correct to 52-60K before resuming an uptrend. Keep an eye on market sentiment, ETF flows, and macroeconomic conditions for further confirmation
Next Potential Targets:
Black Swan Target: If market conditions allow, BTC could drop to 52k-60K in extreme volatility scenarios.
Market Analysis & Key Factors
1. Price Action & Technicals:
BTC has been showing high volatility after reaching its all-time high (ATH) of around 73K. Support Levels: 70K-74K range remains key for short-term moves. Resistance Levels: 78K-83K, previously strong resistance zones, might now act as support if BTC maintains strength.
2. Liquidity & Leverage:
The market is highly leveraged, leading to liquidation spikes in both directions. Whales & Institutions are likely taking profits, increasing sell pressure near highs.
3. Macroeconomic Factors:
Interest rates & Fed policies can influence BTC price movements. ETF inflows & institutional demand will play a crucial role in sustaining price levels.
4. Black Swan Scenario (48-60K Range):
If a major liquidity event occurs, BTC could see a sharp correction. Potential triggers: Regulatory actions, economic downturn, or major sell-offs.
Bitcoin is currently testing a key support zone between $84K-$85K. A breakdown below this level could trigger a further decline toward the $70K range. Stay alert!