We are now seeing $USDT dominance continue to rise, just as I indicated in my previous analysis, and pressure is starting to reappear on $BTC .
The $77,000 area is average support, and I wouldn’t rule out a further drop toward $76,500 and then $76,200, where significant liquidity is concentrated for long-position liquidations.
Be careful about entering a long at $77,000 with a stop-loss at $76,000; we may see a liquidity sweep before the rebound.
🔴 Expected targets: $76,500, then $76,200.
The most important area isn’t always the rebound zone; sometimes it’s the area just before it.
The $77,000 area is average support, and I wouldn’t rule out a further drop toward $76,500 and then $76,200, where significant liquidity is concentrated for long-position liquidations.
Be careful about entering a long at $77,000 with a stop-loss at $76,000; we may see a liquidity sweep before the rebound.
🔴 Expected targets: $76,500, then $76,200.
The most important area isn’t always the rebound zone; sometimes it’s the area just before it.
