๐ BTCUSD is setting up a textbook bearish reversal โ Smart Money style.
This 1H chart shows Bitcoin tapping into a high-timeframe Order Block at ~$104,190โ104,560, with a clear rejection from the premium zone and confluence with the upper trendline.
๐ Technical Breakdown:
โ Order Block tapped at $104,190โ104,560
โ Strong rejection candle near the trendline resistance
โ Price failed to break above the Strong High โ a sign of Smart Money distribution
โ Targeting Sell-Side Liquidity at $101,420
โ Final target? Weak Low and liquidity pool around $99,189
๐ Smart Money Confluence:
Price has moved into a premium selling zone, aligning with the upper bounds of market structure
Order Block rejection suggests institutional selling interest
Weak lows below $100K are prime targets for liquidity grabs
Retail longs are likely trapped โ ideal conditions for a downward sweep
๐ง Institutional Logic:
Smart Money doesnโt chase price โ it delivers it. This move likely represents a "Mitigation and Distribution" phase before a deeper selloff:
๐ Mitigation of previous long positions inside the OB
๐ Distribution at the highs before targeting the next liquidity pool
๐ Trade Idea:
Short Entry Zone: $104,200โ104,500
Targets:
TP1: $101,420 (Sell-side Liquidity)
TP2: $100,000 (Psych level / Weak Low)
TP3: $99,189 (Liquidity Magnet)
Invalidation: Clean break and close above $104,800 (above the OB and Strong High)
๐ง Tip for Traders:
Wait for a confirmation bearish structure shift or lower high on the LTF (15m/5m) before entering full size. Smart Money leaves clues โ not impulses.
๐ฌ Comment "BTC Setup" if youโre trading this drop
๐ Save this analysis โ this is how Smart Money dominates crypto markets.
This 1H chart shows Bitcoin tapping into a high-timeframe Order Block at ~$104,190โ104,560, with a clear rejection from the premium zone and confluence with the upper trendline.
๐ Technical Breakdown:
โ Order Block tapped at $104,190โ104,560
โ Strong rejection candle near the trendline resistance
โ Price failed to break above the Strong High โ a sign of Smart Money distribution
โ Targeting Sell-Side Liquidity at $101,420
โ Final target? Weak Low and liquidity pool around $99,189
๐ Smart Money Confluence:
Price has moved into a premium selling zone, aligning with the upper bounds of market structure
Order Block rejection suggests institutional selling interest
Weak lows below $100K are prime targets for liquidity grabs
Retail longs are likely trapped โ ideal conditions for a downward sweep
๐ง Institutional Logic:
Smart Money doesnโt chase price โ it delivers it. This move likely represents a "Mitigation and Distribution" phase before a deeper selloff:
๐ Mitigation of previous long positions inside the OB
๐ Distribution at the highs before targeting the next liquidity pool
๐ Trade Idea:
Short Entry Zone: $104,200โ104,500
Targets:
TP1: $101,420 (Sell-side Liquidity)
TP2: $100,000 (Psych level / Weak Low)
TP3: $99,189 (Liquidity Magnet)
Invalidation: Clean break and close above $104,800 (above the OB and Strong High)
๐ง Tip for Traders:
Wait for a confirmation bearish structure shift or lower high on the LTF (15m/5m) before entering full size. Smart Money leaves clues โ not impulses.
๐ฌ Comment "BTC Setup" if youโre trading this drop
๐ Save this analysis โ this is how Smart Money dominates crypto markets.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.