📊 Market Overview 12/23 — BTCUSDT (Intraday)🐨
🧠 Current Context:
The price confirmed a bearish CHoCH, signaling a shift in flow and opening space for the continuation of the macro bearish trend, with potential for creating new lows.
This CHoCH occurred after failing to sustain relevant highs, indicating a loss of buying strength in the previous movement.
🔍 What I observe at this moment:
• Validated bearish structure
• Newly created FVG region above the price (yellow rectangle)
• Liquidity positioned above, not yet swept
• Technical space open for expansion below
📈 What I expect for today:
The most likely scenario is:
➡️ Retest on the FVG and/or
➡️ Sweep of liquidity above, before the continuation of the main movement
After this technical adjustment, the expectation is a resumption of selling pressure, seeking expansion to lower levels.
🎯 Price Expectation:
• Target region: 85,000
• Continuation of the bearish trend with renewal of lows, if the structure remains valid
⚠️ Important Note:
Content for educational purposes, focused on market reading and structure.
This is not financial advice.
💬 If this reading makes sense to you, follow the upcoming posts and the intraday follow-up live.
