Max Trades|5月 31, 2026 16:14
BTC
I still don’t get why people were already calling for $100k while price was trading inside this major resistance zone.
In the end, we saw a deviation above the 0.5 Fib level followed by a strong rejection that put price right back at the highs of the previous range.
From a market structure perspective, this is exactly what you would expect to see at a level like this.
The rejection confirmed that bullish momentum wasn’t strong enough to reclaim this key HTF resistance zone and flip market structure bullish again.
As long as BTC remains below this area, I believe that we will eventually see a move back into the previous range and ultimately take out these remaining unswept lows below.(Max Trades)
Share To
Timeline
HotFlash
APP
X
Telegram
CopyLink