$BTC
Bitcoin is still trading within a downtrend. Last night, we saw a spike to the four-hour imbalance above — tested the $77,420 zone, after which we started to correct again.
Locally, the structure remains bearish, so the priority is still on continuing the drop.
The nearest support is at $75,000, with a more key zone at $73,500, where we can expect a more significant reaction.
In the meantime, I'm just watching the dynamics without entering new positions.
Bitcoin is still trading within a downtrend. Last night, we saw a spike to the four-hour imbalance above — tested the $77,420 zone, after which we started to correct again.
Locally, the structure remains bearish, so the priority is still on continuing the drop.
The nearest support is at $75,000, with a more key zone at $73,500, where we can expect a more significant reaction.
In the meantime, I'm just watching the dynamics without entering new positions.