Bitcoin price action on the four hour chart points to rising downside pressure. On December 15 the market broke its previous structure to the downside. This move marked a clear shift in short term trend and showed that sellers were taking control.
After the breakdown price left behind a visible imbalance zone. This area often acts like unfinished business for the market. Later volatility pushed price back into that zone. The move also swept a nearby local high which trapped late buyers. After this test Bitcoin failed to continue higher and dropped again.
The price then moved back toward the local support near 85700. This level has become important in the short term. Buyers have defended it so far but the response has not been strong. The lower high formed near 90000 also adds to the bearish picture. Lower highs usually show that each bounce is weaker than the last one.
From a market structure view Bitcoin is still struggling to regain bullish momentum. Until price can hold above the previous high area the risk of further downside remains.
Liquidity Levels Could Guide the Next Move
Looking at liquidation data helps explain where price may move next. There is a notable cluster of short liquidations near the 94500 level. Markets often move toward such areas because they contain liquidity. This makes the zone an attractive upside target if momentum improves.
However there is also closer downside liquidity between 82000 and 83000. Because this area is nearer it may be tested first. If price loses the 85700 support this lower pocket could come into play quickly.
There is also a larger liquidity zone near 74000. This level becomes relevant if selling pressure increases and buyers step back. The lack of strong demand in recent bounces suggests this risk cannot be ignored.
Macro Pressure Is Adding Weight
Broader market conditions are not helping Bitcoin right now. Weakness in the Wall Street tech sector has made investors more cautious. Asian markets reflected similar concerns and Bitcoin followed the same tone.
When risk assets show stress crypto often reacts in the same direction. This does not mean a crash is guaranteed but it does mean traders should stay alert. Reduced confidence can lead to faster pullbacks especially when technical levels fail.
What Traders Should Keep in Mind
Bitcoin is at a sensitive point. The market has shown weakness through structure breaks and lower highs. Liquidity zones above and below price suggest sharp moves are still possible.
Traders should prepare for continued volatility and manage risk carefully. Waiting for clear confirmation can be wiser than chasing short term moves. Both upside and downside targets remain open but the current setup leans cautious.
