BTC
76,862
-0.61%
looks weak overall, and I think there’s a good chance we see more downside toward the $72.5k area.
Before that happens though, price could easily make one more move into the $78k–$78.5k zone first. That area looks like a possible short opportunity if the reaction is right.
For now, market structure remains bearish, so I’m personally leaning more toward shorts than longs.
If taking a trade here, I’d avoid going all-in. Better to manage risk properly, use a tight/local stop-loss, and scale into positions gradually with grid entries instead of forcing one big entry.
Patience is important — no need to chase the market. Let the setup come to you.
Not financial advice. Stay safe and trade smart