#GateSquareAprilPostingChallenge $BTC BTC. Important update on the current structure



Yes, the basic picture remains the same:

• Downward trending channel

• Rising bearish wedge (with a breakout)

• Weak buyers

• Active sellers above 68,000

But a critically important factor has emerged — information overload.

Currently:

• Everyone sees the trend channel

• Everyone sees the wedge

• The downside scenario has become "obvious"

And this is already a risk.

📌 What is changing

When most see one scenario,

the market maker has the opportunity to break it.

If a critical mass of shorts is formed:

→ possible breakout from the channel

→ false breakout upward

→ impulse toward 80,000 zone

→ formation of a bull trap

If there is no short dominance:

→ the downside scenario remains valid

→ downward movement is realized according to the thesis.

📊 Key control level

68,500 – 69,000

If:

• the daily closes above

→ a scenario change is possible

→ structure needs to be reconsidered

If not:

→ seller pressure persists

→ the priority remains with

⏱️ Critical period

Next 2–3 days:

• daily close

• weekly close

• reaction at the level

This is where it will become clear:

→ whether we follow the classic pattern

→ or if the market maker’s alternative scenario kicks in

###
📌 Conclusion

The technical setup remains, but an additional factor has appeared:

public positioning

It cannot be ignored.

The market is now at a point,

where it will be decided — will the obvious scenario play out

or will it be broken?
BTC1,39%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pin