BTC Market Cap – Bearish Channel Reversal Setup (1H Analysis)Market Cap BTC, $CRYPTOCAP:BTCLABA_GOLD_TRADINGChart Context: The chart shows BTC market cap moving within an ascending parallel channel, with price recently reaching the upper boundary resistance and starting to show signs of weakness. 📊 Key Levels Entry Point: 2.46T Stop Loss: 2.49T Target (LABA TARGET POINT): 2.33T Current Price: ~2.44T 🔍 Technical Breakdown Ascending Channel: The BTC market cap has been trending upward within the blue channel, respecting both upper and lower boundaries. Rejection at Upper Channel: The price touched the top boundary near 2.49T and began consolidating — a classic signal for potential downside correction. Bearish Setup: The shaded red zone represents a short setup: Entry near 2.46T (retest of structure resistance). Stop loss above channel top (2.49T). Target towards 2.33T (lower channel / support zone). Risk–Reward Ratio: Estimated around 1:4, making it a favorable short setup if confirmation (e.g., bearish candle or structure break) appears. Volume & Momentum: Momentum seems to be slowing; lower highs and flattening volume often precede corrective moves in such setups. 🧭 Conclusion Bias: Bearish (short-term correction expected) Trade Plan: Wait for a small retracement or retest near 2.46T before entry. Stop loss: above 2.49T. Target: 2.33T (LABA zone). Invalidation: A breakout above 2.49T would invalidate this short setup and could push BTC market cap toward 2.52T+.