The recent drop was not ordinary.
A clear structure break + violent liquidation pushed the price from 88K to near 62K rapidly.
Now we are trading around $68,500
And the market is in a real decision zone.
📊 The picture is clear:
🔴 Under $74,500 = pressure is still ongoing
🟢 Above $74,500 = the beginning of a stronger correction
⚠️ Breaking $60,000 = a new wave may extend to 54K
The question 👇
Is this a smart bottom before a breakout?
Just a rebound before a deeper drop?
🔵 Upward rebound
🔴 Continued decline
Write your choice 👇🔥