$BTC The structure is bearish, with the price around 75780 squeezed between the middle and lower Bollinger Bands. Since retreating from the 96-hour high of 81177, rebounds have been weak. Net aggressive selling over 24 hours was about 740 coins, while aggressive buying accounted for less than 30% of volume over the past hour, with net outflows of about $7.26 million. The cost basis is concentrated around the POC at 76222.1, which overlaps with the long cost wall at 76221 worth about $300 million, forming resistance. First look for support at the lower edge of the value area at 75337.9. Below that, about $620 million in long liquidation fuel remains, significantly more than the roughly $190 million above. The current price is a valid entry point; don't wait for a higher rebound. Enter a short directly at market around 75780. Place the stop loss at 75921, near the middle Bollinger Band; reclaiming and holding above this level would invalidate the bearish structure. Target the deeper structural support at 75159, for a risk-reward ratio of about 4.4. The main risk is that the higher-timeframe trend remains bullish, conflicting with the short-term bearish structure. Also, aggressive buying over the 4-hour window has turned into net inflows of about $7.2 million, so the price could rebound directly and stop out the short. #BTC #BTC Price Analysis