A disciplined correction display after the last push towards 74K. I see a classic liquidity reset happening here.

The reason I am monitoring this closely:
The market rejected near 74K, which was the recent local high. After that rejection, the price started forming lower highs on the 1H chart, indicating short-term selling pressure.
But the interesting part is the current zone.
The price is now around 70K, which has served as a strong psychological and structural support in previous moves. I see buyers stepping in multiple times around this level before.
What I think this move indicates:
• Weak hands are liquidating
• Building liquidity below the range
• The market is preparing for the next move
When the price pulls back after a strong move and holds a key support level, it often paves the way for the next expansion.
I am watching for a bounce from this support zone.
Here is the trade setup I am planning.
Entry Zone
I want to enter around 69,800 — 70,300
This is the support area where buyers previously reacted.
Stop Loss
68,900
If the price breaks this level with strong momentum, it means support has failed and the structure has changed.
Target Levels
First Target
72,200
This is the first resistance where the price previously consolidated.
Second Target
73,500
The main rejection zone from the recent move.
Final Target
75,000
If momentum resumes, this level becomes a breakout continuation zone.
How this becomes possible:
The market recently created a liquidity sweep downward. When the price drops to support while sentiment turns bearish, late sellers are often trapped.
If buyers defend the 69K–70K zone, the market can rebound quickly with short covering pressure.
I am watching for strong reaction candles and volume confirmation from this area.
If that happens, momentum can shift rapidly.
I am positioning early and managing risk properly.
Let’s go and trade now $BTC