$BTC | Market Update
Since Sunday, price has been steadily moving downward; several upside attempts have failed to exceed 50% of the last downside leg.
Yesterday, the CME closed near the lows, within the order block zone.
During the Asian session, price closed yesterday’s downside gap. On the 4-hour time frame, the structure has shifted slightly, suggesting a potential move higher to hunt short stops and close the upper gap in the 97–101 region.
A lower-price scenario should also be considered: the projection of the 80.6–94.5 range targets 67, aligning with a minor monthly gap and near the 78% Fibonacci retracement (65.4 of the 48–126 range).
🎯 Liquidity above 97–101
⚠️ Breakdown target: 67
