BTCUSDT SPOT
Short

General Chart Analysis & BTCUSDT Trading Plan (April 5, 2025)

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Overall Market Trend:

The chart shows a long-term bullish trend from 2023 up to early 2025.

However, since the high at 110,994 USDT, we can observe a local downtrend, confirmed by multiple market structure breaks (CHoCH and BOS).

Market Structure:

Several Breaks of Structure (BOS) to the downside indicate the start of a mid-term bearish correction.

The yellow ascending trendline is still intact, serving as a dynamic support level.

The price is currently consolidating near the Equilibrium zone (~80,000 USDT).

🔍 Support and Resistance Levels:
Support:
80,000 USDT – Equilibrium zone and trendline.

72,773 USDT – Fibonacci 61.8% level.

64,000–66,000 USDT – Strong demand/order block zones.

49,140 USDT – Full 100% Fibonacci retracement, key long-term support.

Resistance:
86,800 USDT – Previous Day’s High (PDH).

90,709 USDT – Fibonacci 32.8% retracement.

96,398 USDT – Fibonacci 23.6% retracement.

110,994 USDT – Local all-time high.

🎯 Short-Term Price Prediction (Next 1–2 Days):
The price is currently around 83,600 USDT, consolidating sideways.

Near-term target range:

Upside: Around 86,800 USDT (PDH).

Downside: If broken – heading toward 80,000 USDT.

📉 Short Entry (Sell Setup):
Entry zone: Between 86,500 – 87,000 USDT (PDH/PWH).

Take profit: Around 80,000 USDT.

Stop loss: Above 87,200 USDT.

📈 Long Entry (Buy Setup):
Entry zone: Between 79,800 – 80,200 USDT (PDAL + trendline support).

Take profit: Between 86,000 – 87,000 USDT.

Stop loss: Below 78,500 USDT.

🔻 Lowest Expected Price:
If 80K is broken, next strong support is at 72,773 USDT.

Further drop may reach 64,000 – 66,000 USDT demand zones.

In a worst-case macro scenario: 49,140 USDT.

🔁 Expected Reversal Zone:
A potential bullish reversal could happen around 72,773–73,000 USDT if a bullish candlestick pattern (e.g., hammer with confirmation) appears.

Alternatively, an earlier reversal is possible around 80,000 USDT, if supported and followed by a BOS to the upside.

🧠 Additional Notes:
The chart uses:

Smart Money Concepts (SMC) – BOS, CHoCH, FVG.

Premium & Discount zones – price is near equilibrium (EQ).

Clear demand/supply blocks.

Volume has been relatively low recently – watch for volume spikes to signal potential strong moves.


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