In the short term, the downward trend structure (lower highs and lower lows). Consolidation in the $65,000 – $66,200 USD range (red zone). With a strong and impulsive breakout, the price retreated to the $63,000 – $63,500 USD zone.🔎 What happened?A potential liquidity sweep occurred below the previous lows. A buyer reaction is observed around $63,000 USD. This zone could serve as a demand zone in the short term.
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In the short term, the downward trend structure (lower highs and lower lows). Consolidation in the $65,000 – $66,200 USD range (red zone). With a strong and impulsive breakout, the price retreated to the $63,000 – $63,500 USD zone.🔎 What happened?A potential liquidity sweep occurred below the previous lows. A buyer reaction is observed around $63,000 USD. This zone could serve as a demand zone in the short term.