BTC Final Day of May — Key Levels to WatchBitcoin / TetherUSBINANCE:BTCUSDTSiDecBTC has been in a clear downtrend since the beginning of May, and the old saying “Sell in May and go away” played out well, with price dropping around -12.5% in 24 days. Over the past 3 days, BTC has been consolidating in a tight trading range. This means liquidity is building on both sides, setting up the market for the next liquidity hunt. Another important factor: today is the final day of the month, and tomorrow begins a new monthly candle. This matters because monthly closes and monthly opens are highly important levels in the market. Large players often use the end of the month to rebalance, close positions, defend key levels, or create liquidity traps before the new month begins. The new monthly open can also become an important reference point for the next trend direction. That means we should be careful with fake moves, stop hunts, and sudden volatility around the monthly close and new monthly open. A strong reaction from key support or rejection from resistance will be much more important than chasing price in the middle of the range. For the next move, I’d like to see another attempt to the downside. The 0.618 Fibonacci retracement sits around $71.8K, in confluence with the anchored VWAP, which is positioned just below it as an additional support layer. We also have multiple confluences around the $72K–$71K zone, including: Bullish trendline support 0.618 Fib speed fan 0.618 Fibonacci retracement Anchored VWAP support Downtrend channel structure Based on the current structure, the highest-probability long setup would be around $72K–$71K, targeting a move back toward the $75K resistance zone. The stop loss would sit below the 0.666 Fibonacci retracement, giving the setup roughly a 1:3 R:R. On the other side, a potential short opportunity awaits around the $75K–$76K resistance zone, but only if price shows a clear rejection. Right now, BTC is sitting in a no-trade zone / scalp-only zone. The plan is clear: Long opportunity: $72K–$71K Short opportunity: $75K–$76K Wait for price to reach the key zones, then watch for confirmation and reaction. _________________________________ 💬 If you found this helpful, drop a like and comment!