My Structural Plan for June 🧵

The market is showing structural weakness as we kick off June. Institutional ETF buyers and whales have actively reduced exposure over the last week. Chasing green candles blindly here is a fast track to getting liquidated.

Here is exactly how I am playing the current market structure and the specific levels I am watching.

👇 1. The Macro Picture & Key Levels

• The Line in the Sand: $73,869. Bitcoin needs to reclaim and hold this 0.236 Fibonacci level on a 3-day close to neutralize the bearish setup.

• Upside Target: If we flip $73,869 into support, the path opens up to $77,877 structural resistance.

• Downside Risk: Failure to reclaim this level puts the lower channel trendline at $70,342 in play. A clean breakdown there exposes the next major support zone at $68,348.

  #BTCSpotETF1.42BOutflow #CryptoAttacksDrop90PctInMay #ARKInvestSells352MCircleShares #SolanaResourceBasedFeeModelProposal #ECBHighlightsStablecoinRisks $BTC $BNB

  

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