Yesterday’s short scenario played out as expected and reached the first take-profit.
After that, buyers stepped in with increased volume, and the asset shifted its local trend to bullish.
According to my strategy, there is now a potential LONG setup from the green zone.
For now, I’m waiting for price to reach that area. If a valid LONG setup forms on the 1M or 5M timeframe, I’ll consider entering from the zone.
⚠️ Important: I would NOT place a limit buy order at the green zone right now.
There is no guarantee that buyers will defend this level. Remember, the higher-timeframe trend is still bearish, so we need confirmation before taking a LONG.
Wait for the setup — don’t anticipate it.
Always manage your risk properly.
Not financial advice. I’m simply sharing my personal view of the market.
Bitcoin is currently trading inside a weekly breaker block, which is acting as strong resistance.
Because of this higher-timeframe context, my primary focus today is on short setups. 🔴 KEY RESISTANCE: 63,200–63,500 🟢 KEY SUPPORT: 62,900–63,100 The 15M support at 62,900–63,100 is especially important. A break below this zone would confirm a bearish break of structure. I won’t short simply because price reaches resistance. I’m waiting for confirmation. If 62,900–63,100 breaks, I’ll move to the 5M timeframe and look for a valid entry. Alternatively, if BTC reaches 63,200–63,500 and shows a clear rejection, I may consider a short from this area. 📌 Today’s key levels: 🔴 63,200–63,500 — potential short zone 🟢 62,900–63,100 — key 15M structure ⚡ 5M — entry confirmation I’ll be following BTC throughout the day and updating the analysis as the market develops.