$BTC The structure is bearish, with the price trading around 67222. The Bollinger middle band continues to slope downward, and net aggressive selling over the past 24 hours is about 7,500 coins. The cost basis is concentrated around the POC at 73798, which overlaps with the 96-hour high at 74850 to form distant overhead resistance. The first nearby resistance on a rebound is around the upper Bollinger band at 69797. There is still room between the current price and overhead resistance, so chasing a short directly here would be poorly timed. Instead, place a limit order to short at 69797, the upper Bollinger band, and wait for the price to rebound into that area. Set the stop-loss at 69866, beyond the upper Bollinger band and recent high; a move back above this area would invalidate the bearish structure. The target is the deep long-liquidation zone at 66500, where stop orders may be triggered in a cascade, making it easier for the price to continue in that direction and sweep this liquidity. The main risk is the substantial liquidation fuel near 66434. If the price drops sharply and then rebounds quickly, the short position could be stopped out, so the stop-loss must be strictly enforced. #BTC #BTC Market Analysis