BTCUSDT BTC Market Update: Deep Correction Phase in Play Bitcoin remains in a sell zone as the market struggles to find a strong bullish catalyst. Recent global events, including Trump's remarks on the Federal Reserve and the crypto summit, triggered volatility and liquidations but failed to establish a sustainable upward momentum.
From a technical perspective, BTC has entered a deep correction phase, with 73K remaining a key downside target. The market currently lacks sufficient liquidity to sustain continuous bullish movement, requiring a more balanced structure.
Price action suggests the formation of a 90K–82K range within a short-term bearish zone after exiting a prolonged consolidation phase. The recent false breakout above 91K, which previously acted as global support, resulted in a decline that may extend toward 82K and potentially 73.5K.
The primary liquidity zone of interest lies between 73K–66K, where price action may establish a stronger directional move. In the near term, the first key level to watch is 82K, marking the lower boundary of the current range. A confirmed breakdown and consolidation below this level could accelerate a move toward lower targets.
BTCUSDT Bitcoin Market Update: Potential Bearish Shift Following 90K Breakout
Bitcoin's market structure is showing signs of a bearish transition after breaking above 90K. A deeper correction appears to be forming, which aligns with a technically sound and healthy market cycle. Sustainable market growth typically involves corrections rather than continuous upward movement driven solely by aggressive capital inflows.
A correction or potential trend reversal could inject renewed momentum into the market. Fundamental factors, such as the absence of strong regulatory support for cryptocurrencies in the U.S., security concerns related to exchange hacks, and the impact of Bitcoin dominance on altcoins, continue to influence sentiment.
Should Bitcoin's price decline toward the 75K–73K range, it may create opportunities for fundamentally strong altcoins, especially if Bitcoin dominance starts to decrease. A shift in capital flow from Bitcoin to altcoins, combined with Bitcoin rebounding from key support levels, could improve conditions for an altcoin market cycle.
Key Levels to Watch:
Resistance: $88,150, $90,700
Support: $75,000, $73,570, $66,830
A temporary move toward the 88.1K–90.7K resistance zone is possible before Bitcoin resumes its decline. Given the current market imbalance, lack of strong catalysts, and absence of robust support, a medium-term price correction toward the 75K–73.5K liquidity zone remains a scenario to consider.
BTCUSDT
73K remaining a key downside target. The market currently lacks sufficient liquidity to sustain continuous bullish movement, requiring a more balanced structure.
82K range within a short-term bearish zone after exiting a prolonged consolidation phase. The recent false breakout above 91K, which previously acted as global support, resulted in a decline that may extend toward 
