$BTC Update

Overnight, Bitcoin made another attempt to break the key $79.5K resistance, but once again faced rejection, pulling back toward the $77K level.

Right now, price action is stuck in a sideways channel, with clear signs of liquidity grabs on both ends of the range. The market appears to be sweeping positions before making a more decisive move.

As mentioned earlier, my overall bias within this range remains bearish. That said, it’s important to expect short-term liquidity sweeps at both the highs and lows before any major correction unfolds.

I’m staying patient and avoiding these local fake moves—only looking to enter trades once we get clear, confirmed signals.$BTC

BTCUSDT

Perp

78,175.4

+2.46%