BTC/USDT 1H: Liquidity Grab Complete – Bears Targeting $94.8K!

BTC/USDT 1H Chart Analysis
📉 Follow me on TradingView if you respect our charts! 🚀Daily charts!

Market Condition:

• Price: $97,624, showing bearish momentum after breaking key support.
  
• RSI: Bearish divergence led to this drop.
  
• Market Makers Strategy: Engineered liquidity grab at 105K before pushing price down.
  
• Currently Testing Discount Zone, which may act as temporary support.
  

Trade Setup (Confidence 8/10):

• Wait for retest of 100K (previous support turned resistance).
  
• Short Entry: $99,800 - $100,200 zone.
  
• Targets:
  
• T1: $96,500.
  
• T2: $94,800.
  
• Stop Loss: $101,500 (above recent swing high).
  
• Risk Score: 7/10 (favorable risk-reward setup).
  

Market Maker Analysis:

• Liquidity grab engineered below recent lows.
  
• Expect choppy price action between 97K - 100K before the next big move.
  
• Possible bear trap if price quickly reclaims 100K—watch for reversal signals.
  

Recommendation:

• Short positions favorable in the $99,800 - $100,200 range.
  
• Watch price reaction at 100K—if bulls reclaim, avoid overexposure to shorts.
  
• Manage risk properly as high volatility is expected.
  

📉 Follow me on TradingView if you respect our charts! 🚀Daily charts!