☕️ BTCUSDT – SMC Analysis (04/17) – H1
🔍 1. Trend
Overall structure: Uptrend
The price has had a strong upward BOS from the ~70k → 75k
Currently: no significant downward BOS breaking the low

👉 Conclusion:
The main trend is still upward – not broken

🧩 2. Market Structure
After a strong upward movement → the price shifted to sideways at the peak
Formation:
Equal Highs (EQH) around 75.5k–75.8k → liquidity above
Lower range: 73.5k–74k → liquidity below
Many occurrences:
Continuous small CHoCH → sign of noise/trap

👉 Conclusion:
The market is in a ranging state – accumulating liquidity

💸 3. Liquidity & Smart Money
🔼 Above (Buy-side liquidity – BSL)
Area: 75.5k – 75.8k
Touched many times but not strongly broken
→ Liquidity remains intact
🔽 Below (Sell-side liquidity – SSL)
Area: 73.5k – 74k
Has many horizontal lows → easy to be swept

👉 Current state:
The price is in the middle of the liquidity box → Smart Money has not chosen a direction

⚠️ Important insight
Volume is decreasing → lack of trend momentum
Price creates:
Upper rejections many → there is supply
But does not break the low → buyers still hold

👉 => This is:
Liquidity Trap Range (two-ended trap)

🎯 4. Trading Strategy (SMC Setup)
✅ MAIN TRADE – LONG (priority)
📌 Conditions:
Sweep below 73.5k (SSL)
Occurrence:
Strong pinbar/engulfing
CHoCH up (M15/H1)
📥 Entry: 73.5k – 73.8k
❌ SL: 72.8k
🎯 TP:
TP1: 74.8k
TP2: 75.5k
TP3: 76k+

❌ SECONDARY TRADE – SHORT (only when confirmed)
📌 Conditions:
Strong break below 73.5k
Clear downward BOS
Pullback up fails (creates Lower High)
📥 Entry: 73.5k – 74k (after pullback)
❌ SL: 74.8k
🎯 TP:
72k
71k
70k