BTCUSD - Daily Outlook: Potential Rejection at the FVGBitcoin all time history indexINDEX:BTCUSDwavenacciCorrective Rally Into FVG Before Targeting Sell-Side Liquidity BTCUSD remains bearish on the daily timeframe following the strong breakdown from the 82,000 high. The recent decline shifted market structure to the downside and confirmed that sellers currently control the broader trend. While price has staged a recovery from the 60,000 area, the move is currently viewed as a corrective rally rather than the start of a new bullish trend. The key area to monitor is the Fair Value Gap (FVG) between 65,000 and 66,000. This imbalance was created during the impulsive sell-off and remains unfilled. Markets frequently revisit these areas to rebalance price inefficiencies before continuing in the direction of the dominant trend. As a result, the FVG becomes a high-probability zone for sellers to re-enter the market. The preferred scenario is for BTCUSD to continue pushing higher into the FVG, attracting late buyers and drawing liquidity into the market. If price begins to show signs of exhaustion within this area, such as weaker bullish momentum, rejection candles, or a bearish market structure shift on lower timeframes, it would suggest that the corrective rally is losing strength and that sellers are regaining control. A rejection from the FVG would support the continuation of the broader bearish trend and increase the likelihood of a move toward the sell-side liquidity (SSL) resting around 59,000. This level represents a significant liquidity objective beneath current price and is a natural target if bearish momentum resumes. Markets often seek liquidity below previous lows before considering a larger reversal, making the SSL a logical destination following a rejection from the imbalance zone. From a market structure perspective, the current recovery remains valid while price is moving toward the FVG. However, unless buyers can achieve a sustained breakout above the imbalance area, the rally should be treated as corrective. The higher-probability setup remains a sell opportunity from the FVG, with the expectation that price will eventually seek the 59,000 SSL before a more meaningful bullish reaction develops. Key Levels: • Fair Value Gap (Sell Zone): 65,000–66,000 • Current Structure: Corrective recovery within a bearish trend • Primary Downside Objective: Sell-Side Liquidity (SSL) at 59,000 • Bias: Bearish below the FVG, looking for sell opportunities on rejection.