BTC/USDT
Timeframe: 1H
Overall Structure:
The market is in a short-term downward trend (LH → LL), and the previous break of the trend was not followed by HH → the upward movement was corrective rather than a reversal.
General Context (HTF):
The prevailing trend remains bearish as long as the price is below 90,600 (PDH). Currently trading within the Range Day between PDH and PDL.
Price Behavior:
Strong rejection from 90,600 followed by distribution and then gradual selling pressure. The price is fluctuating above 87,000 in a temporary balance (liquidity accumulation).
Liquidity (SMC):
Clear selling liquidity below 86,000 then 84,450 (potential target).
Buying liquidity above 90,600 but only targeted after a real structural change.
Areas of Interest (POIs):
Potential selling areas: 88,200 – 88,700 (FVG) then 89,000 – 89,200
Reaction Areas: 85,900 – 86,000 then 84,450
Likely Scenario:
Corrective bounce towards supply areas → price rejection → continuation of the drop to target liquidity at 86,000 then 84,450.
Alternative Scenario:
Break and hold above 90,600 with the formation of HH + HL → neutrality leaning towards positivity.
Cancellation:
Sell Cancellation: Strong close and hold above 90,600
Buy Cancellation: Break and hold below 84,450
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Logic: Trading areas + liquidity, no chasing price.
