$BTC STRUCTURAL UPDATE 🧭
Price is stabilizing around 67.7K–68K after the volatility spike triggered by macro headlines.
This is not breakout behavior.
This is compression.
📉 Higher Time Frame (1D)
• Macro structure still bearish
• Price remains below major moving averages
• Relief bounce from 59.8K low is corrective so far
• 72K area remains key reclaim level for structural shift
Trend = Cautious / Repricing phase
⏱ Lower Time Frame (1H)
• Short-term range: 66.4K – 68.3K
• MA cluster tightening → volatility contraction
• Failed breakout above 68.3K shows supply still active
• Buyers defending 66.5K zone consistently
This is liquidity building.
📊 Derivatives Insight
• Open Interest expanded during the move, now slightly cooling
• Long/Short ratio still elevated → crowd leaning long
• That keeps downside liquidity exposed
Market makers rarely reward crowded positioning.
🎯 Key Levels
66.4K → Intraday support
68.3K → Local resistance
72K → Structural reclaim level
65K → Liquidity pocket below
🔮 What’s Next?
Scenario 1:
Rejection from 68K → Sweep of 66K liquidity → Volatility expansion
Scenario 2:
Clean reclaim and hold above 68.5K → Short squeeze toward 70K–72K supply
Until 72K is reclaimed on HTF,
this remains a relief structure inside a broader corrective phase.
Expect volatility expansion soon.
Compression never lasts.
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