Bitcoin is hovering near $68.9K after a controlled intraday retrace, tapping into a short-term liquidity pocket. Price is defending the $68.7K–$69K demand zone, where prior breakout structure formed.
Lower timeframes show absorption with decreasing sell pressure, hinting at a relief push. Trade idea: Long around $68,900–$69,000 on confirmation of support hold. Upside targets sit at $69,800 first, then $70,500 if momentum expands. Protective stop below $67,800.
A decisive 4H close under $67,500 would shift structure bearish and expose BTC to a deeper pullback.
Retesting mid-range demand after aggressive move. If buyers step in here → continuation likely If this zone fails → deeper pullback coming Pullback Entry
0.057 – 0.059 Targets
0.064 0.069 (range high retest) 0.075+ Stop loss 0.054
holding firm after the shakeout — looks like accumulation before another push. Trading Plan: LONG $HYPE
Entry: 27 – 27.8
SL: 25.9 TP1: 28.9 TP2: 30.5 TP3: 32.8
The flush didn’t trigger follow-through selling, instead price stabilized and started grinding higher. Pullbacks are shallow and buyers step in quickly, showing demand underneath.
Momentum is rebuilding and the tape feels constructive — if this base holds, continuation to the upside is the higher probability move. Trade $HYPE here