Bitcoin (BTC) continues its correction after a strong rally, with the downtrend prevailing on the 1D timeframe. It is essential to monitor the reaction at the $78,000 – $80,000 support zone to determine the appropriate strategy.

1️⃣ Trend & Market Structure (SMC)

• Main Trend: Corrective downtrend following a strong upward move.
• Break of Structure (BoS): Short-term bullish structure broken, indicating potential downtrend formation.
• Supply Zone (Resistance): $90,000 – $92,000.
• Demand Zone (Support): $78,000 – $80,000.

2️⃣ Volume Profile (VPVR)

• POC (Point of Control): ~$60,489 (Price is still above the POC, not confirming a long-term downtrend).
• High Volume Node (HVN): $90,000 – $100,000 (High liquidity distribution zone).
• Low Volume Node (LVN): Below $70,000 (If price drops to this level, further decline is possible).

3️⃣ EMA (Exponential Moving Average)

• EMA200: ~$85,515 – Price is below EMA200, signaling a dominant long-term downtrend.
• EMA50: ~$90,225 – Price also remains below EMA50, confirming weak momentum.

🔹 The downtrend remains dominant on the 1D timeframe.

4️⃣ RSI & Momentum Indicators

• RSI ~42: In the neutral zone but trending downwards.
• RSI is not yet oversold, meaning further downside is possible without strong buying pressure.

🎯 Trading Strategy

📉 Short Scenario (Following the Main Trend)

Entry: $85,000 – $86,000 (if price retraces upward but fails to break resistance).
Stop Loss: $87,000.
Take Profit:

• TP1: $82,000.
• TP2: $80,000.
• TP3: $78,000.

Condition: Price retests EMA200 but fails to break out. Selling volume remains dominant.

📈 Long Scenario (If Reversal Signals Appear)

Entry: $78,000 – $80,000 (if strong buying reaction occurs at the demand zone).
Stop Loss: $76,500.
Take Profit:

• TP1: $82,000.
• TP2: $85,000.
• TP3: $88,000.

Condition: RSI shows bullish divergence, strong reversal candles appear, and buying volume increases significantly at support.

5️⃣ Conclusion & Next Steps

📊 Trend: Corrective downtrend within a long-term bullish context.

📉 Volume: Decreasing with no signs of strong buying pressure.

🔄 Reversal Signs: RSI not yet oversold, further monitoring required.

📍 Key Levels to Watch:

• Critical Resistance: $85,000 – $86,000.
• Key Support: $78,000 – $80,000.

🚀 Strategy:

• Short if price retests EMA200 and faces rejection.
• Long if strong reversal signals occur at $78,000 – $80,000.

⚠️ Keep an eye on EMA50, EMA200, and Volume for confirmation! 🚀

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