$BTC The structure has turned bullish, with the price recovering steadily from a low of 73457 to around 74792. Net active buying over 24 hours was about 1,200 coins; the active buy ratio over 1 hour was 68.3%, with net inflows of about $17 million, and the Bollinger structure has shifted into an uptrend. The current price is between the Bollinger mid-band at 74905 and lower band at 74428.2, trading close to the lower edge of the value area at 74355.7. The area around 74428 below is the main support. Above, the cost-basis zone is centered on the POC at 75228.3, overlapping with the long-position cost wall of about $320 million at 75247.4, the Bollinger upper band at 75381.8, and the 20-hour high of 75573 to form a resistance zone. A rebound to that area will be the first test. The pullback has been limited, and the current price is right by support, so buy at market without waiting for a deeper retracement. Set the stop-loss at 74354; a break below the support band formed by the value area's lower edge and the Bollinger lower band would mean the retest has turned into a breakdown, at which point exit and cut losses. Target the previous high resistance zone at 75915, for a risk-reward ratio of about 2.9. The main risks are heavy overhead selling pressure from trapped holders, rejection and a pullback around 75228, and ample fuel for long liquidations below; losing the support band could trigger cascading liquidations. #BTC #BTC price analysis