BTC Perspective: Still a Rebound, Waiting for Resistance Zone 72,500–73,000

The current movement of $BTC is still following the previous scenario: after a strong bullish candle, there is a correction–accumulation phase, then a continuation attempt at a higher level. The nearest target remains testing the important resistance zone of 72,000–73,000.

Overall, yesterday’s movement was not problematic. Around the 70,000 level, there was a reaction bounce (the lowest was about 70,300), and the price also touched 72,000 on the upside. Although the entry point may be slightly off, the overall structure still aligns with expectations.

However, the issue lies in momentum. The upward push is not strong enough; the price quickly sold off after reaching the previous high. This indicates that buyers are not maintaining strong control, and in the short term, the market could weaken again.

Currently, trading is not very advantageous. The price has not yet fully reached the strong resistance zone above, nor has it broken below the structure to create a clear entry point. The risk/reward ratio is unattractive.

A safer strategy is to wait for the 72,500–73,000 zone before considering a short position.

In case of positive news, if the price breaks out strongly, closes the week above 73,000, and the weekly MACD shows a golden cross from the lows, then the possibility of extending to 76,000–78,000 exists.

However, even with such a breakout, the “false breakout” scenario should still be considered: first a short squeeze, then a long squeeze, before entering the final decline—a common pattern in bear markets.

In summary, the current structure is still a recovery, but momentum is weak. In the short term, avoid FOMO chasing the price. Wait for the key zone.

The 72,500–73,000 area remains the priority zone for short entries.