$BTC USDT — Pro Trader Market Update
Market Overview
BTC printed a corrective selloff followed by a reaction bounce from the 68,271 demand sweep. Price reclaimed short-term moving averages (MA7/MA25), indicating intraday momentum recovery, but remains below the higher trend MA99 — so dominant structure is still corrective rather than fully bullish.
Current positioning suggests liquidity rotation inside a recovery leg rather than confirmed trend reversal.
Key Support
• 68,740 — Immediate pullback cushion
• 68,270 — Major defended demand zone
• 68,130 — Breakdown trigger / structure risk
Key Resistance
• 69,945 — Local supply reaction zone
• 70,300 — MA99 trend barrier
• 71,014 — Breakout expansion trigger
Next Move Expectation
Holding above 68.7k keeps upside continuation intact toward resistance sweep.
Loss of that level raises probability of liquidity revisit near 68.3k before direction resolution.
Trade Targets (Momentum Continuation Scenario)
TG1: 69,945
TG2: 70,300
TG3: 71,014
Short-Term Insight
Momentum recovery exists, but structure is still range-repair. Expect volatility spikes around MA99 where trend participants typically re-engage. Scalping bias neutral-to-bullish above support.
Mid-Term Insight
BTC is operating inside a rotational band between 68.2k and 71k. A confirmed acceptance above 71k signals expansion potential; continued rejection maintains range trading conditions.
