$BTC /USDT just ran a clean liquidity play above 76K and immediately reversed with force — a classic trap move. That wick wasn’t breakout strength, it was engineered to take stops before distribution kicked in.
Once 75K lost support, price rolled over aggressively, printing a sharp move down to 73.5K. Since then, we’re seeing a choppy recovery — but the bounce lacks intent and looks more like repositioning into supply than real accumulation.
Structure read: Lower high formation + weak upside continuation = bearish pressure still active. Current range is compression before the next move, not a confirmed reversal.
Trade Plan (Smart Money Execution):
Entry: 74,500 – 75,200 (supply / rejection zone)
Stop-loss: 76,200 (above liquidity sweep high)
Targets:
TG1: 73,500
TG2: 72,600
TG3: 71,200
As long as BTC stays below 75.5K, upside remains capped and short setups dominate.
Liquidity was taken at the top — now patience is key. Let price come into your zone, then strike with intent.
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