BTC/USDT 1H Review short-termBitcoin / TetherKUCOIN:BTCUSDTcryptodailyuk📉 1️⃣ Market Structure 🔻 Trend A series of lower highs and lower lows. Price respects the upper channel line (orange). The last move was a strong downward impulse from 67k to 62k. ➡️ Trend on H1: still bearish, despite a rebound. 📊 2️⃣ Key Levels 🟢 Resistance: 65,273 – first local resistance (upper reaction zone) 67,162 – stronger resistance / prior consolidation ~69,900 – large HTF level 🔴 Support: 63,745 – current struggle 62,158 – last low 60,550 – strong HTF support 📈 3️⃣ Oscillators 🔵 Stoch RSI Coming out of oversold territory Now in overbought territory → possible downward correction 🔵 MACD Was deeply oversold Now making a bullish cross Short-term upward momentum ➡️ Conclusion: short-term bounce, but the trend remains downward 🎯 Scenarios 🟢 Scenario 1 – Upward correction (more likely in the short term) Price could: rise to 65.2k or possibly to 67.1k (test of the upper channel line) And there: supply pressure appears continuation of the decline 🔴 Scenario 2 – Continued decline If: 63.7k breaks volume increases Target: 62.1k then 60.5k 🔥 Summary 📉 Trend: down 📈 Short term: rebound 🎯 Key reaction zone: 65–67k ⚠️ Continuation still more likely than reversal