BTCUSDT Short: Rebound After Momentum To 66,000 Support LineBitcoin / TetherUSBINANCE:BTCUSDTheniitradingHello traders! Here’s my technical outlook on BTCUSDT (3H) based on the current market structure. BTCUSDT has been trading within a broader corrective bearish phase, clearly reflected by the well-defined descending channel that guided price lower from the previous swing high. This channel established a sequence of lower highs and lower lows, confirming persistent seller dominance during that phase. Eventually, price broke below the channel support, producing a sharp impulsive decline that marked a shift from structured correction into a volatility-driven selloff. After the breakdown, the market found temporary stability and transitioned into a horizontal consolidation range. This range signaled a period of equilibrium rather than strong accumulation, as price repeatedly moved between supply near the upper boundary and demand near the lower boundary without sustained directional commitment. The failure to reclaim the supply zone during multiple attempts highlighted that sellers remained active and continued defending the upper region. Currently, BTCUSDT attempted another recovery from the demand area near 66,000, where buyers previously absorbed selling pressure. The reaction from this level suggests that short-term liquidity remains present, and price is now testing the mid-structure while approaching the descending supply trend line that continues to act as dynamic resistance. This diagonal barrier aligns with the broader supply zone above, creating a confluence area where market reactions are likely. My primary scenario favors continued bearish pressure as long as BTCUSDT remains below the descending supply line and fails to reclaim the horizontal supply zone around 70,000. Rejection from this confluence area could trigger another move lower toward the 66,000 demand region, where buyers may attempt to stabilize price once again. However, if BTCUSDT manages to break above the descending supply line and establish acceptance back inside the prior range, this would weaken the bearish structure and signal a potential transition toward consolidation or recovery. Until such confirmation appears, the prevailing structure and positioning continue to favor sellers. Manage your risk!