$BTC

BTCUSDT is currently testing a strong supply zone near 79K–80K, where price is showing signs of rejection after an extended uptrend.

The market structure remains bullish overall, but this area looks like a potential distribution zone. If price fails to break and hold above supply, a pullback toward the OB around 71K or even the major demand near 68K is likely.

In short:

Short-term = Bearish correction possible

Overall trend = Still bullish unless structure breaks down

BTCUSDT

Perp

77,588.1

+1.35%