#MatrixFamily listen to me carefully…
$BTC is showing clear signs of weakness after failing to hold higher levels and this is where short opportunities start building up
Entry Range: 70,300 – 71,200
Stop Loss: 72,200
Targets:
TP1: 69,200
TP2: 68,200
TP3: 67,200
After a strong impulsive move upside, price attempted to continue higher but got rejected near the highs around 71.6K. Now we are seeing a shift in structure with lower highs forming and sellers stepping in aggressively.
The bounce looks weak and more like a relief move rather than real strength. If price keeps failing below 71K zone, it confirms distribution and opens the path for downside liquidity grabs.
Patience is key here, don’t chase the move, wait for price to come into the entry zone and then execute with proper risk management.
Invalidation: If price reclaims and holds above 72,200 with strength, this short setup is invalid and market may push for new highs.