BTCUSDT Perpetual Contract
Short
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#BTC Downside Risk Not Over

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📊#BTC Downside Risk Not Over⚠️

🧠 From a structural perspective, 64,500-65,000 is a strong resistance zone. If the market price retests this resistance zone, we should prioritize shorting based on the pressure. Currently, conditions for going long are not favorable unless the market price breaks through the inflection point near $65,500. We should be wary of a deeper pullback!

➡️If the market pulls back further, the next support level to watch will be near the yellow uptrend line, around $62,888. If this support is quickly broken, the next key support level to watch will be around $60,600.

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BTCUSDT.P
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#BTC Update

Although we found support in the yellow support zone, bearish forces still dominate, and the 64100-64600 range remains a strong resistance level.

Until we gain liquidity around 62000 or 60600, we cannot be too optimistic about a bullish outlook.

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