Market Analysis: Bearish Setup After Liquidity Sweep
Price recently tapped into the 4725–4740 supply zone, which aligns with a strong sell order block (OB). This move came after a liquidity grab above recent highs, indicating potential market manipulation before reversal.
From a structural perspective, the market is now showing clear bearish continuation signs. A descending channel is forming with consistent lower highs, suggesting distribution after a Break of Structure (BOS). This confirms that bullish momentum is weakening.
📍 Key Entry Zone:
Market Analysis: Bearish Setup After Liquidity Sweep
Price recently tapped into the 4725–4740 supply zone, which aligns with a strong sell order block (OB). This move came after a liquidity grab above recent highs, indicating potential market manipulation before reversal.
From a structural perspective, the market is now showing clear bearish continuation signs. A descending channel is forming with consistent lower highs, suggesting distribution after a Break of Structure (BOS). This confirms that bullish momentum is weakening.
📍 Key Entry Zone:
The optimal sell interest is seen around 4705–4720, where price may reject from minor supply or retest the broken trendline before continuing lower.
🎯 Targets:
TP1: 4685
TP2: 4650
TP3: 4620 (major liquidity zone)
⛔ Stop Loss:
Place SL above 4745, as this level invalidates the order block and recent liquidity sweep structure.
📊 Market Notes:
$ETH The recent liquidity sweep above highs followed by weak bullish continuation signals a possible shift toward downside momentum. Traders should wait for confirmation such as bearish rejection candles or CHoCH (Change of Character) on lower timeframes before entering short positions.
Overall, the market is favoring sellers as long as price remains below the 4740–4745 resistance region.The optimal sell interest is seen around 4705–4720, where price may reject from minor supply or retest the broken trendline before continuing lower.
🎯 Targets:
TP1: 4685
TP2: 4650
TP3: 4620 (major liquidity zone)
⛔ Stop Loss:
Place SL above 4745, as this level invalidates the order block and recent liquidity sweep structure.
📊 Market Notes:
The recent liquidity sweep above highs followed by weak bullish continuation signals a possible shift toward downside momentum. Traders should wait for confirmation such as bearish rejection candles or CHoCH (Change of Character) on lower timeframes before entering short positions.
Overall, the market is favoring sellers as long as price remains below the 4740–4745 resistance region.$BTC
