BTC/USDT Forms Triple Top Before Potential BreakdownBitcoin / TetherUSBINANCE:BTCUSDTTurbohelpflixBTC looks weak on this structure. Price formed a triple rejection around the 78K area, followed by a rounded distribution pattern. After failing to break higher, the market sold off aggressively and is now retracing into a marked supply/resistance zone. The gray box shows a likely short entry region where price may consolidate briefly before continuation lower. The repeated small candles inside that zone suggest hesitation and reduced bullish momentum. Key observations: Multiple failed attempts to break resistance = sellers defending heavily. Sharp impulse down confirms bearish control. Current bounce looks corrective rather than trend reversal. If rejection confirms inside the gray zone, downside targets near 74.4K–74K become likely. Market Psychology This setup resembles a classic: Liquidity grab at highs Distribution Breakdown Dead-cat bounce / retest Continuation lower Bulls need a strong reclaim above the supply zone to invalidate the bearish scenario. Otherwise, momentum favors sellers in the short term.