$BTC Indicates controlled pullback after the recent push towards 74K. I see a classic liquidity reset happening here.
My reason for monitoring this closely:
The market just rejected near 74K, which is the last local high. After that rejection, the price started forming lower highs on the 1H chart, indicating short-term selling pressure.
But the interesting part is the current zone.
The price is now around 70K, which has acted as a strong psychological and structural support in previous movements. I’ve seen buyers step in several times around this level before.
What this movement looks like to