$BTC USDT – Momentum Weakening After Sharp Drop 📉
Bitcoin is currently trading around 68.5K after facing a strong rejection near the 71K zone, followed by a sharp sell off. The 1H chart shows a clear shift in momentum, with price forming lower highs and lower lows, indicating short term bearish control.
After the dump, BTC attempted a weak recovery but failed to reclaim higher levels, now consolidating below 68.6K resistance. This suggests buyers are still struggling to regain strength, while sellers continue to apply pressure.
If BTC loses the 68K support, we could see a move toward the 67.5K–68K liquidity zone. On the flip side, a clean reclaim above 69K may bring a short-term relief bounce.
⚠️ Market structure remains fragile expect volatility and possible liquidity sweeps before the next clear move.
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