$BTC Bitcoin is testing a major structural support zone near $76,000. The daily Supertrend remains bearish, while normalized funding and a $1.12B long-position flush suggest reduced speculative positioning. ETF outflows of $430.2M add pressure. Bulls need to defend the support structure to avoid deeper downside.
đ Bias: Neutral to Slightly Bearish | đŻ Entry: $73,800â$74,500 | đĄ Support: $73,779 / $71,000 | đ§ Resistance: $76,874 / $81,850 | đŻ Targets: $76,800 / $79,500 / $81,800 | â Invalidation: $70,500 (daily close below)
Strategy: Watch for confirmation around the entry zone and avoid aggressive longs while structural support remains under pressure.
#Bitcoin #BTC #CryptoTrading #TechnicalAnalysis #BinanceSquare
đ Bias: Neutral to Slightly Bearish | đŻ Entry: $73,800â$74,500 | đĄ Support: $73,779 / $71,000 | đ§ Resistance: $76,874 / $81,850 | đŻ Targets: $76,800 / $79,500 / $81,800 | â Invalidation: $70,500 (daily close below)
Strategy: Watch for confirmation around the entry zone and avoid aggressive longs while structural support remains under pressure.
#Bitcoin #BTC #CryptoTrading #TechnicalAnalysis #BinanceSquare
