【10.7 Livestream Recap】For two hours tonight, I did just one thing—wait for BTC to give me an answer.
I stayed bearish throughout. After forming a high near 85,500, the 4-hour structure began to move gradually lower. The 84,200 level was key: a previous support level that had flipped into resistance. I said repeatedly during the livestream that as long as BTC couldn’t reclaim it, any bounce would be a great opportunity to sell. And tonight’s move was clean: BTC started dropping without even reaching 84,200. It’s now trading near 83,000, and my call played out.
I marked just two key levels: the 84,200 resistance zone above (previous structural support turned resistance, SMC OB) and the 82,800 support zone below (a demand area for this leg down, with a liquidity pool on the lower time frames). BTC ranged between these two levels for two hours. The direction hadn’t changed; I was just waiting for a clear move.
There’s only one key thing to watch tomorrow: whether 83,000, a major round-number level, can hold. If it holds and volume contracts, we could see a bounce toward 84,200. If tomorrow’s daily candle closes below 83,000, we’ll also need to consider 82,000 and even 81,500. No guessing—let the structure speak.
Will BTC’s daily candle close green or red tomorrow? Vote in the comments and let’s see what everyone thinks 👇
Follow me for livestreams and SMC lessons every night at 21:00
🌿 Zhao, no introductions | Not financial advice
I stayed bearish throughout. After forming a high near 85,500, the 4-hour structure began to move gradually lower. The 84,200 level was key: a previous support level that had flipped into resistance. I said repeatedly during the livestream that as long as BTC couldn’t reclaim it, any bounce would be a great opportunity to sell. And tonight’s move was clean: BTC started dropping without even reaching 84,200. It’s now trading near 83,000, and my call played out.
I marked just two key levels: the 84,200 resistance zone above (previous structural support turned resistance, SMC OB) and the 82,800 support zone below (a demand area for this leg down, with a liquidity pool on the lower time frames). BTC ranged between these two levels for two hours. The direction hadn’t changed; I was just waiting for a clear move.
There’s only one key thing to watch tomorrow: whether 83,000, a major round-number level, can hold. If it holds and volume contracts, we could see a bounce toward 84,200. If tomorrow’s daily candle closes below 83,000, we’ll also need to consider 82,000 and even 81,500. No guessing—let the structure speak.
Will BTC’s daily candle close green or red tomorrow? Vote in the comments and let’s see what everyone thinks 👇
Follow me for livestreams and SMC lessons every night at 21:00
🌿 Zhao, no introductions | Not financial advice