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For $BTC right now, there's no rush to short from the right side. The core mission here is simple: catch a Lower High recovery rally.
Lock these two key price levels onto your screen.
The first is the buyer support barrier at $75,900. As long as BTC holds this level, the short-term structure remains intact. If it does, the next target is to fill the CME gap at $79K and the weekly open.
The second is the seller liquidation zone at $73,700. If price breaks below $75,900 during the day, don't hesitate. That signals the recovery has failed, and the market will likely accelerate down toward $73,700.
On the macro structure, I don't see a strong breakout above April's high happening right now. Let's approach this recovery with a clear head. When we hit resistance, it's time to step back.
If you understand this logic, drop a 1 in the comments.
#Bitcoin #CryptoTrading #BTC
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