lord gusion 7

$BTC As stated in my previous update, I wasn’t looking to be particularly bearish here, but rather watching for a scalp bounce that forms a lower high. These are the main scenarios I’m observing right now. BTC needs to hold 75.9K to maintain the LTF bullish structure and continue pushing toward the weekly open + CME gap around 79K. If price fails to hold and retraces back below the CME close at 75.9K, we are going to 73.7K. At the moment, I still don’t think we reclaim or flip the April monthly highs, but these is my current thoughts at the moment in terms of market structure. Let me know if these posts help you see what I’m seeing.

$ZEN We’ve been watching it for weeks now… waiting to see if it’ll give us a reversal and then a massive rally

Quite a important chart to observe... USDT.D + $BTC After the clear break in structure from the previous range’s swing low, we can see on USDT.D that price doesn’t drop below that level. Instead, it holds and consolidates above the range it broke out from. When you correlate this with BTC, it suggests USDT dominance may be due for a bounce as it approaches the prior bullish break of structure. The same move that aligned with BTC dropping from 97K to 60K. If a similar pattern plays out, it would imply BTC is likely due for a HTF correction, especially if USDT.D holds above that previous BOS and doesn’t break lower as seen in 2022.

Eyes on $QNT in next days

$BTC Observing the current BTC structure objectively, we can clearly see that momentum/structure has shifted more bearish/corrective rather than bullish. However, just because it’s more corrective/bearish doesn’t mean there won’t be any LTF bounces. We broke below 79K after the Clarity Act news marked a local top (as expected lol, this happens every time with “priced in” news). On the other hand, we wicked up to 78K forming another lower high, then pushed down to 74K, taking liquidity, something I had mentioned could be tested over the past 1–2 weeks. Now that we’ve swept the lows, I would be watching for LTF acceptance back above this area, as it could validate scalp longs into a bearish retest. That retest could extend up toward 78K, the current weekly open, and if that level is flipped, the CME gap sits near 79K. Overall, based on the current structure, you’d still be looking for a lower high. For structure to flip bullish again, BTC would need to reclaim levels above 80K. On the daily, we look bearish; on the weekly, we are testing a previous HTF support. It’s not the time to be “mega bearish”, instead, observe LTF structure to see whether we form another lower high or begin reclaiming bullish structure again. If another lower high forms, we should expect a move toward lower levels, potentially sub-70K. However, if the weekly S/R level is held (74-76K), BTC could structurally continue higher, though that outcome would currently not make much sense to me.

bitcoin:native Watch what happens over the next 4–8 weeks... My 750 Day pivot.