BTC | Liquidity Taken, Fake-Out Next — Still Bearish Bitcoin / TetherUSBINANCE:BTCUSDTBigBeluga📊 Daily / Higher Timeframe Following up on our recent #Bitcoin analysis — we've called this market lower multiple times on the higher timeframes, and price has continued to respect that bearish roadmap. Nothing has changed: on both the Daily and 4H, BTC remains firmly in a downtrend, with no real sign of a bullish reversal yet. ⏱️ 2H Timeframe Zooming into the 2H, the structure tells the story. Price printed a series of bearish BOS on the way down, and most recently swept the liquidity ("Liquidity Taken") that had built up below the range — grabbing the resting orders without flipping structure bullish. Now price is coiling inside a descending channel, and the expectation is for one more trap. The likely play is a corrective push up — a fake-out toward the Key Level / Protected High (61,518.71 – 61,990.83) — designed to lure traders into longs and build the fuel (liquidity) needed for the next aggressive leg down. 🎯 The Game Plan Daily / 4H bias: firmly bearish — no bullish signal on the higher timeframes. 2H structure: repeated bearish BOS, liquidity below already taken, price coiling in a descending channel. The thesis: a fake-out rally into the Key Level (61,518.71 – 61,990.83) to trap longs, then a sharp rejection lower. Targets: first $52,374.00, then the deeper pool at $49,132.52. Invalidation: a strong reclaim and acceptance back above the Protected High ($61,990.83). 📰 Fundamental Backdrop The bearish structure fits the broader risk-off tone that's been weighing on crypto. Bitcoin remains the sentiment anchor for the entire digital-asset space, with price highly sensitive to ETF flows, macro liquidity, and shifts in overall risk appetite. After a sustained downtrend, a setup like this — sweeping liquidity and coiling beneath a key level — tends to keep the market on edge, making this zone the key battleground for the next directional move. This analysis will be updated as the market evolves. If this breakdown added value, drop a like 👍 and a comment 💬 to support the work — and share where you see Bitcoin heading next! Best Regards, BigBeluga 🐳