$BTC The structure is bearish. Price rebounded from around 75962 to just below the upper Bollinger Band at 75995.9, with the middle band at 75832.1. Over the past 24 hours, aggressive trading has resulted in net selling of approximately 800 coins. The cost-basis area's center is around the POC at 76405.1, which overlaps with the 20-hour high of 76018 and the upper Bollinger Band to form an overhead resistance zone. The current price is already close to this area, so there is no need to wait for a pullback—short at market, with an entry at 75962. Place the stop above 76072; a sustained move above this resistance zone would invalidate the bearish structure. Target the lower high-volume area at 75845, for a risk-reward ratio of about 1.1. In terms of flows, aggressive net outflows over 1 hour and 4 hours were approximately $5 million and $6 million, respectively. About 70% of position accounts are long. Long liquidation fuel below the range is around $630 million, clearly exceeding the $270 million in short liquidation fuel above; this distribution favors further downside. The main risks are a short-term buying surge that breaks directly above 76405.1, or a sharp drop to the liquidation magnet around 72860 followed by a rapid rebound that triggers stops. #BTC #BTC Market Analysis