$BTC The latest downward move swept the lower liquidity in

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$BTC The latest downward move swept the lower liquidity in succession, leading to a large and tempting pool of liquidity accumulating for market makers above, specifically at $72,250. Technically, after this bearish expansion and absorption of lower liquidity (around $71,000), the price often tends to rebound or make an upward correction to target the accumulated liquidity above, unless immediate selling pressure emerges and decisively breaks below the $71,000 area.

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Dear investors, I present to you an analysis of Bitcoin (BTC), including key technical levels and expected trends. We wish you successful investment decisions and positive results.
#bitcoin $BTC A clear hourly close below $72,210 with high volume invalidates the immediate rebound scenario and opens the way to target deeper liquidity zones below $72,000.

The market is currently in a state of short-term oversold conditions following a strong liquidation wave and a significant increase in open short contracts. Entering long positions now carries risk unless structural confirmation appears (such as a clear bullish engulfing candle or a sustained recovery above $72,450).

Immediate support zone: $72,210 - $72,000. Holding this level, with closes stabilizing above the lower Bollinger Band ($72,423), could open the way for a corrective rebound to retest the broken liquidity zones.

Resistance zones (rebound targets if conditions stabilize):
First resistance: $72,715 - $73,000 (EMA5 and MA7 convergence zone).
Second resistance: $73,550 - $73,700 (Bollinger middle band (MB) and MA25 zone).

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BTC-4.94%