so where will alts go according your analysis

$BTC
{spot}(BTCUSDT)

{future}(BTCUSDT)
Bitcoin just showed one of the cleanest liquidity sweeps we’ve seen in months.
After grabbing liquidity above 116k and rejecting hard, the market looks ready to punish late bulls who chased the breakout.

🔍 What I’m Watching:

Rejection zone: 115,900–120,100 (previous supply area)

First target: 104,800 (mid-range support)

Second target: 86,000

Final target: 75,000 zone – potential full structure retest

💡 The Logic:

This setup represents a textbook bull trap after a strong rally.
The sudden spike to new highs lured in breakout buyers while institutions unloaded.
Now, we could see a multi-leg distribution as the market corrects toward deeper demand zones.

⚠️ What Could Invalidate It:

If BTC reclaims 120,000 with strong volume and closes 4H above it — the short idea is off the table.

🧭 My Plan:

Short bias below 116k, scaling into pullbacks, targeting mid-range and lower demand zones step by step.
This is not financial advice — just how I see the current structure developing.

💬 What Do You Think?

Are we witnessing a bull trap before a deeper correction, or will Bitcoin surprise everyone with another breakout?
Drop your thoughts in the comments 👇
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