This 4H structure shows clear rejection around the 71k supply zone. Price keeps failing to reclaim that area with strength. Lower highs forming. Momentum slowing.
The real level that matters now is the mid 66k–65k support shelf. That’s the short-term liquidity pocket.
If that cracks, we likely see continuation toward 64k sweep. If it holds, we get another attempt at reclaiming 70k+.
Notice how price is compressing under resistance — that’s not strength. That’s distribution behavior unless bulls step in aggressively.
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This 4H structure shows clear rejection around the 71k supply zone. Price keeps failing to reclaim that area with strength. Lower highs forming. Momentum slowing.
The real level that matters now is the mid 66k–65k support shelf. That’s the short-term liquidity pocket.
If that cracks, we likely see continuation toward 64k sweep.
If it holds, we get another attempt at reclaiming 70k+.
Notice how price is compressing under resistance — that’s not strength. That’s distribution behavior unless bulls step in aggressively.
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