Alright, let’s break this one down clearly.
Price just took a sharp hit, and you can see how momentum flipped quickly after failing to hold above the previous consolidation area. The selling wasn’t slow or corrective — it came in with strong candles, which tells us sellers are in control right now. As price pushed lower, BTC lost its short-term structure and tapped into a demand zone around the 86k area, where some reaction is starting to show. This kind of move usually signals either a brief relief bounce or a pause before continuation, so patience here is key.
Right now, $BTC is sitting at a critical level. If buyers defend this zone and we see stabilization, a short-term bounce toward the broken support is possible. However, if this level fails, the door opens for deeper continuation to the downside.
Trade Idea (Short-Biased, Safer on Pullback):
Entry: 87,600 – 88,200
Targets: 86,200 / 85,400
Stop Loss: 88,900
Outlook:
Bias stays bearish below the pullback zone. Any weak bounce into resistance looks like an opportunity rather than a reversal. Wait for price to come to you and let the structure confirm before taking action.
