BTCUSD — 30M Market AnalysisBTC / USDC PERPETUAL CONTRACTCOINBASE:BTCUSDC.PTrade_StrategiesBitcoin is currently trading around the 77,600 area after a strong bearish displacement from the upper range. The broader structure shows that price previously respected a rising parallel channel, but the recent rejection from the upper supply area shifted short-term momentum to the downside. 🔍 Market Structure The chart highlights a clear liquidity sweep into the 81,000 area, followed by a strong rejection. After that move, price broke lower and is now consolidating inside a small symmetrical triangle near the current price. 📉 Bearish Scenario If price breaks and closes below the current consolidation structure, the next area of interest could be the 76,000–75,600 zone, where a 30M FVG + Order Block is marked. This area may attract price if bearish momentum continues. 📈 Bullish Scenario For buyers to regain short-term control, price would need to reclaim the nearby consolidation highs and show acceptance above the triangle. A stronger recovery could then bring the 79,200–79,800 supply zone into focus. The higher 80,500–81,500 supply zone remains an important resistance area. 🎯 Key Levels Current consolidation: around 77,200–78,000 Lower demand / imbalance zone: 75,600–76,400 First supply zone: 79,200–79,800 Major supply zone: 80,500–81,500 Overall bias: Short-term momentum remains bearish while price stays below the nearby supply zones. However, the current triangle makes confirmation important, so it may be worth waiting for a clear breakout and price acceptance before forming a directional bias. This analysis is for educational purposes and reflects a technical perspective only. Always manage risk and wait for your own confirmation before making any trading decision.