BTCUSDT: Breakdown Confirmed – Sellers in Control, Target to 87K

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Hello everyone, here is my breakdown of the current BTCUSDT setup.

Market Analysis

BTCUSDT previously traded within a bullish structure, supported by a well-defined ascending trend line that reflected strong buyer control. After an impulsive upward move, price formed a consolidation range near the highs, indicating a temporary balance between buyers and sellers. Eventually, BTC failed to continue higher and broke down from the range, which became the first sign of weakening bullish momentum. This was followed by a decisive break below the ascending trend line, confirming a structural shift in favor of sellers. Subsequent recovery attempts were capped by a clearly defined Resistance Zone around 90,600, where multiple breakout attempts failed, signaling strong selling pressure.

Currently, BTCUSDT is trading below the resistance zone, forming lower highs and maintaining a bearish market structure. Upward moves appear corrective rather than impulsive, reinforcing seller dominance. Below the current price, a Support Zone near 87,000 stands as the next key area where buyers may attempt to slow the decline.

My Scenario & Strategy

My primary scenario remains bearish as long as BTCUSDT stays below the 90,600 resistance zone and does not reclaim the broken trend line. Any pullbacks into resistance that show rejection may be considered potential short opportunities. The main downside target is the 87,000 support zone, where price could react or temporarily consolidate.

However, a clean break and sustained acceptance above 90,600 would invalidate the bearish bias and suggest a possible transition back into consolidation or recovery. For now, market structure and momentum clearly favor sellers.

That's the setup I'm tracking. Thank you for your attention, and always manage your risk.

[bonk]

eth dipping into the rising trendline looks like a clean long setup. defined invalidation + targets = low stress trade