BTCUSDT – Bearish Fade of the 78,9K Spike, Eyes on 62,7K LLBitcoin / Tether LINEAR FUTURES CONTRACTBITUNIX:BTCUSDT.PSwallowAcademyBitcoin just fired off a sharp expansion into 79K, and the structure behind it looks weak and ready to fade back down. Why This Level Matters: The rally ran through the weekend with no correction, which usually sets up a violent snap-back. News-driven moves like this rarely hold, and the sharp push higher looks more like a liquidity hunt than genuine strength. Gameplan / Primary Scenario: We are fading this spike with two short entries (choose one of them). Early entry is active now at 76,850, and the ideal entry sits slightly lower into the 76K zone for a cleaner fill. From there we target a full retrace toward the 62,7K local lows. Stop sits above the expansion zone near 84,1K — wide by design, since the target more than justifies the risk. Just stay careful, because a final push into the expansion zone above is still possible before price rolls over. If this added value, boost it forward. What are your thoughts? Swallow Academy