$BTC Bullish structure building after a clean liquidity sweep and sharp rejection from intraday lows.



I’m seeing price defend the 66,600 zone aggressively after that flush. The 1H structure shows a higher low forming after sellers pushed into weak hands and got absorbed. We tapped 70,100 earlier in the week, corrected inside a controlled pullback, and now momentum is stabilizing around 67,700. Volume on the bounce from the low confirms buyers stepped in, not just random noise.

Right now price is compressing under minor intraday resistance around 68,300–68,500. I’m watching this level closely because a clean break above it shifts short-term control back to buyers and opens liquidity sitting above 69K.

Market Read
I’m seeing a liquidity sweep at 66,600 followed by strong rejection wicks and recovery candles. Structure is transitioning from lower highs into potential higher lows. If bulls hold above 67,300 on pullbacks, upside continuation becomes more probable. The downside momentum is weakening, and consolidation here looks like accumulation, not distribution.

Entry Point
Primary Entry: 67,400 – 67,700 on minor pullbacks
Breakout Entry: Above 68,500 with strong candle close

Target Point
TP1: 68,500
TP2: 69,400
TP3: 70,100

Stop Loss
66,200 (below the recent sweep low and structure support)

Risk Management
I’m keeping risk tight below 66,200 because if price breaks that level, the sweep thesis fails and sellers regain control. Position sizing should respect volatility; this pair moves fast.

How it’s possible
Liquidity below 66,600 has already been taken. Weak longs are cleared. If buyers continue defending higher lows and break intraday resistance, trapped shorts above 68,500 can fuel momentum toward 69,400 and possibly a retest of 70,100. Market often moves from liquidity pool to liquidity pool, and right now the next visible pool sits above 69K.

I’m positioned for upside as long as structure holds. If momentum confirms above resistance, continuation becomes likely.

Let’s go and Trade now $BTC
BTC-1.33%
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
  • Pin

Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)