Bitcoin | CSP Setup – Trend Broken, Watching $75,874 for Short Bitcoin/USD Tether Perpetual ContractBINGX:BTCUSDT.PSwallowAcademyBitcoin had that sharp uptrend broken recently, and that's the first sign we needed. When a trend that steep gets snapped, it rarely just resets and continues — more often than not, it's the early warning of a larger move down brewing beneath the surface. What we're watching now: The trend break alone isn't our entry signal. What we're waiting for is the BOS below $75,874. That's the level that confirms sellers are taking control and the structure is officially shifting. Until that breaks, price is still in a range between local support and local resistance, and we don't chase noise. The setup: Once we get that breakdown and a clean retest of the broken zone around $75,912, that's where the short becomes valid. The target sits down at local support near $66,192 — a level that has held multiple times going back months. The chart is projecting a move back into that zone, and given how sharp the prior rally was, a full retracement to that area wouldn't be surprising at all. We remain bearish on this structure as long as BTC stays below that local resistance zone near $79,000. If price reclaims above there with strength, the thesis changes — but right now, the trend is broken and we're looking for the breakdown to confirm it. If this was helpful, boost it appriciated. Swallow Academy