$BTC - Short-term OutlookBTCUSDT Perpetual ContractBYBIT:BTCUSDT.PTealstreetAfter losing the 74k range low, BTC failed to reclaim previous support and continued accepting lower prices. The breakdown below 71k opened up a liquidity vacuum, leading to a sharp move into the next major support zone around 62k. Too bad we sliced through 70–69k without much of a fight. This cascade has been brutal. The breakdown below 71k triggered a wave of long liquidations, and with very little spot support underneath, price quickly flushed into the next liquidity pocket. I'd be looking for something like this if 62k holds, as a potential short-term relief bounce. Happy mid-week! 🦄✨