$BTC is showing a strong impulsive move into the 69.5K resistance zone followed by a rejection, indicating sellers are active at higher levels. The recent push looks slightly overextended, and price is now struggling to sustain above this area. On the lower timeframe, momentum is starting to slow down with early signs of exhaustion appearing. The current structure suggests short-term distribution after the rally rather than continuation. Volume increased on the move up but is now fading, which weakens bullish momentum. If price fails to hold above 69K, a pullback move is likely.
Short BTC
Entry Zone: 68.8K – 69.6K
Stop Loss: 71K
Or Stoploss To Entry
TP1: 67K
TP2: 65.5K
Do your own research.
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