EcoByG Bitcoin Daily Analysis #40 — Daily BTC Market UpdateBitcoin / TetherUSBINANCE:BTCUSDTecobyg1What changed vs the previous analysis? We said: The whole game is around 72 What do we have now? Price pushed to 74+ (even above the breakout level) Failed to hold Quickly dropped back below 72 Now trading around ~67K 📌 This is critical: This was a failed breakout, and in this context, failed breakouts often lead to a move in the opposite direction. Welcome to My Analysis Daily Structure Now Reading the structure: No real Higher High ❌ Fast rejection back below the prior high ✔️ A confirmed Lower High is forming 📌 The attempt to shift trend has failed. The market remains within a bearish structure. Behavior Relative to MAs Current state: Back below MA28 MA58 still overhead MA99 much higher 📌 Short-term momentum → negative again Mid-term structure → still bearish No sustained reclaim Candle Behavior (Most Important) Near 74: Smaller bodies Upper wicks No follow-through Then: Stronger red candles stepped in 📌 This is classic: Distribution / Bull Trap Current Zone 📍 67 – 68K This zone: Was support before Now being retested If this level breaks: The market likely re-enters an active bearish phase. Professional Insight The biggest mistake here: Seeing the prior move up and thinking “the market wanted to reverse.” No The market tried — and failed And in markets: Failure matters more than effort. Real Conclusion Break above 72 = fake ❌ Bullish structure = not formed ❌ Lower High = confirmed ✔️ Downside risk = active ✔️ 📌 Right now, this looks more like continuation of correction than the start of a new uptrend. ⚠️ Risk Alert ⚠️ Futures are not beginner-friendly. These triggers require solid experience. Before using them, study risk management and practice with the learning content here.