BTCUSDT: Market Structure Analysis with Apex Zenith Pro(Description):
Market Overview: Bitcoin is showing a significant shift in market structure on the daily timeframe. After a period of distribution, the price has broken below local support levels, signaling further downside momentum.
Technical Analysis (HARMONY Ecosystem): Using the Apex Zenith Pro (AZP) engine, we identify a clear bearish trend continuation. The current price action suggests that BTC is heading towards major liquidity pools located below the psychological $70,000 mark.
Key Levels to Watch:
Resistance: $80,042 — This is the invalidation zone for the current bearish thesis.
Primary Target: $72,171 — A critical support zone where we might see a temporary bounce.
Final Target: $69,868 — This level represents a deep liquidity sweep and a major historical structural point.
Conclusion: The momentum, monitored via Octopus Scanner, remains weak for buyers. I expect a gradual decline towards the $69.8k area as indicated by the trend trajectory.
Stay disciplined and watch the structure!
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