Technical analysis by SMC_Trading_Point about Symbol BTC: Sell recommendation (20 hour ago)

Bitcoin created a strong support base near the 86,000 zone, which triggered a powerful bullish expansion toward the 92,000 area. During this upward displacement, price left behind an unmitigated order block and a clean FVG imbalance between 89,000 and 88,000. These untouched zones now act as potential draw-on-liquidity areas, where price may return to rebalance. As BTC approached the 92,000 region, it began forming a short-term resistance, indicating exhaustion after the extended run. This resistance shows signs of rejection and suggests that buyers may temporarily lose momentum. Under simple SMC logic, price often revisits the zone of imbalance after such a displacement. If this resistance continues to hold, BTC could begin a correction targeting the 89,000–88,000 block to fill the FVG. The structure aligns with a clean distribution scenario around the upper level. A reaction from the resistance further supports the possibility of a bearish retracement. If the market respects this level, the path toward the lower imbalance becomes likely. Shared for educational and learning purposes not trading advice.