$BTC breaking into short-term weakness after failing to hold the 68.4K local high, and I’m seeing a clean liquidity grab followed by structured downside continuation on the 1H chart.

Price tapped 68,472 and immediately rejected with strong selling pressure. Since then, structure shifted bearish on lower timeframes. We now have lower highs forming and momentum expanding on the downside. The latest push swept the 65,767 intraday low and bounced slightly, which tells me liquidity has been taken but buyers are not aggressive yet.

I’m looking at this as a short-term bearish continuation setup unless we reclaim 67,200 with strength.

Market Read
I’m seeing distribution after the failed breakout.
Lower high around 67,100–67,200 zone.
Strong impulsive red candle into 65,7K region.
No strong bullish absorption yet.
Dominance rising, alts bleeding, risk-off tone visible.

This is not panic selling, this is controlled pressure.

Entry Point
Primary short entry: 66,900 – 67,150 (retest of broken structure)
Aggressive entry: Breakdown below 65,700 with confirmation

Target Points
TP1: 65,200
TP2: 64,400
TP3: 63,800

Stop Loss
Above 67,600 (structure invalidation and reclaim of supply zone)

How It’s Possible
I’m expecting a classic lower high continuation. The bounce we’re seeing is weak and corrective. If price retests the 67K area and sellers defend it again, that confirms supply. From there, liquidity below 65,700 becomes the magnet. Once that level cracks cleanly, stops will cascade and volatility expands downward.

If instead price reclaims 67,600 with strong volume, the short thesis is invalid and we flip bias.

Risk Management
I’m risking small on first entry. I’ll add on confirmation. I’m not chasing breakdowns without structure.

This is a structured trade, not an emotional one.

Let’s go and Trade now $BTC ‌