BTCUSDT – Short Setup Update | Follow UpBTCUSDT SPOTBYBIT:BTCUSDTrudyplYesterday we posted a short setup at the 71.4k–71.8k HTF resistance zone. Price played out almost exactly as expected. The rejection happened, we never got a clean acceptance above 72.5k which was our invalidation, and price has now dropped to the 69.6k area filling the first inefficiency on the way down. TP1 at 70.5k has been reached. Looking at the current 1h chart, BTC is now sitting right above the 69.2k support zone with a liquidity pocket below around 68.4k. That liq zone is still sitting there untouched and is likely the next target before any real decision gets made. The 4h gap above at 70.4k–70.8k is still open and could act as a magnet for a short term bounce before continuation lower. Structure remains the same. We are still trading inside the 67k–74k weekly range. Nothing has changed on the higher timeframe. The short squeeze from Monday grabbed the 72k liquidity, got rejected, and is now bleeding back down as anticipated. For TP2 at 68.3k to be reached we need to lose the 69.2k support and the liq zone at 68.4k-68k needs to get swept. Below that 67k is back in the conversation. Clean, simple, and based on positioning and liquidity.