BTCUSDT: Rebounds From Support Inside Descending Channel To 67KBitcoin / TetherUSBINANCE:BTCUSDTRatnerHello everyone, here is my breakdown of the current BTCUSDT setup. Market Analysis BTCUSDT has been trading inside a well-defined descending channel, reflecting a broader corrective phase after the previous impulsive move lower. Throughout this structure, sellers maintained control by consistently defending the upper boundary of the channel and producing a sequence of lower highs. Several attempts to break above resistance resulted in false breakouts, confirming the strength of supply in that area. Recently, price declined toward the highlighted support zone near the lower portion of the structure. This region previously attracted demand, and once again buyers stepped in to absorb selling pressure. The strong reaction from this level suggests that bearish momentum is weakening and that the market may be transitioning into a corrective recovery phase. Currently, BTCUSDT is attempting to stabilize above the support zone while moving back toward the mid-range of the channel. If buyers continue defending this area, price may start forming higher lows, which would indicate a gradual shift in short-term structure. The next key test lies near the horizontal resistance zone and the descending channel boundary, where sellers have historically re-entered the market. My Scenario & Strategy My scenario: as long as BTCUSDT holds above the support zone around 64,700 and continues showing acceptance above this demand area, the probability favors a continuation toward the resistance zone near 67,000. This level aligns with previous breakout attempts, channel resistance, and a liquidity cluster where market reactions are likely. A clean breakout above the 67,000 resistance would signal strengthening bullish momentum and could trigger a broader upside expansion toward higher liquidity zones. However, if price loses the support zone and falls back below recent lows, the bullish scenario would be invalidated, confirming that sellers remain in control and that the descending channel structure is still dominant. Until such confirmation appears, the current reaction from support suggests that buyers are attempting to regain short-term control. That’s the setup I’m tracking. Thank you for your attention, and always manage your risk.