$BTC Bearish continuation with clear lower high formation and downside pressure.


Sellers maintaining control below key intraday structure.

EP
75500 - 75800

TP
TP1 75200
TP2 74800
TP3 74200

SL
76200

Liquidity taken from the highs followed by strong downside displacement. Price reacting below resistance with weak consolidation, maintaining bearish structure and positioning for continuation.

Let’s go $BTC ‌
BTC2.25%
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LookingAtTheCandlestickChart
· 05-02 18:23
Place the stop-loss at 76,200, providing enough room to avoid being wiped out by false breakouts.
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AirdropCheatSheet
· 04-30 19:15
TP3 directly sees 74,200? That's a pretty sharp drop, but liquidity has indeed been eaten up above.
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DaoSideQuest
· 04-30 18:38
The entry range of 75,500-75,800 is quite narrow; keep a close watch.
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AuroraSnowyWildernessSolitary
· 04-30 05:37
This logic is quite straightforward: high-level liquidity grab + structural breakdown, a classic bearish script.
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NonceNomad
· 04-30 05:29
There is a dense trading zone around 74200 below, watch whether TP3 can reach it.
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NotYourExitLP
· 04-30 05:28
Setting a stop loss at 76,200 is a bit far; you need to control your position size.
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BlueberryStakingMachine
· 04-30 05:28
TP1 75200 feels conservative, maybe just go straight through
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ElevatorMeme
· 04-30 05:25
A weak consolidation without a rebound indicates that the bulls really have no strength left; continue to look for a bearish trend.
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GateUser-46033407
· 04-30 05:25
Already placed an order at 75,800, waiting for a rebound confirmation before entering.
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ReefUnderTheMoonlight
· 04-30 05:25
The short position structure is indeed clear, with higher points continuously moving downward. Opening a short at this position offers a good risk-reward ratio.
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