BTCUSDT Thesis: Support Holds, Eyes on ResistanceBitcoin / TetherUSBINANCE:BTCUSDTMacAndrewsMarket Thesis Price successfully defended the major daily support zone between 62,510 and 65,618, signaling that buyers remain active at higher-timeframe demand. The reaction from this zone produced a strong bullish response, confirming that support is being respected rather than broken. As long as BTC continues to trade above the lower boundary of this support range, the higher-timeframe structure remains constructive. The key question now is whether price can establish acceptance above 65,618, which represents the upper boundary of the support zone and a critical decision point for market participants. ⸻ Bullish Scenario The bullish case remains intact while price holds above 62,510. A sustained move and acceptance above 65,618 would indicate that buyers are gaining control and successfully transitioning the market from support into expansion. If this occurs, the next major objective becomes the higher-timeframe resistance zone between: 72,026 – 74,924 This area represents the next significant supply region where profit-taking and seller participation may increase. Bullish roadmap: * Support Holds: 62,510 * Acceptance Above: 65,618 * Expansion Target: 72,026 * Major Resistance: 74,924 ⸻ Market Structure Perspective The recent reaction from support suggests: ✅ Buyers defended higher-timeframe demand ✅ Selling pressure weakened near support ✅ Potential accumulation occurring within the range ✅ Market attempting to transition toward bullish continuation However, true confirmation comes from price proving it can maintain strength above 65,618 rather than merely testing it. ⸻ Risk to Thesis The bullish thesis becomes weaker if price fails to hold above the support region and begins closing back below 62,510. A loss of that level would suggest the support zone has failed and would shift focus back toward downside liquidity. Until then, the path of least resistance remains higher.