Technical analysis by Moriss365 about Symbol BTC: Buy recommendation (1/4/2026)

*Market Structure * Overall bias: Short-term bearish / corrective, within a larger bullish structure. Price made a strong impulsive move up into a higher-timeframe supply / demand reaction zone. That rally looks exhausted (sharp rejection + projected pullback). 📍 Key Zones on the Chart 🔴 Upper Zone (93,000 – 94,000) Marked as DEMAND ZONE, but functionally acting as a sell-side reaction / supply flip. Multiple prior rejections → liquidity & institutional selling area. The wick into ~94,000 suggests stop-hunting / distribution. This is the invalidation zone for shorts if price holds above it. 🟢 Entry / Short Zone (~92,200 – 93,900) The red/green box indicates a short trade setup: Stop-loss: Above ~94,000 Entry: After rejection inside the zone The structure shows lower high formation after the rally → bearish confirmation. 🎯 Downside Targets Target 1: ~88,100 Clear horizontal support Previous consolidation base Likely first reaction / bounce area Target 2 (extension): ~87,980 Equal lows / liquidity pool Possible sweep + reversal area 📉 Price Action Logic Strong bullish leg → enters HTF zone No continuation, instead: Sharp rejection Failure to hold highs Projection arrow suggests: Liquidity grab above highs Followed by mean reversion / retracement This is classic “buy-side liquidity taken → sell-side move” behavior. ⚠️ What Would Invalidate This Setup? 4H close above ~94,000 Strong acceptance above the red zone That would imply continuation toward 95k+ 🧠 Summary Bias: Short-term bearish pullback Setup: Short from supply zone Targets: 88k → 87.9k Risk: Above 94k Context: Healthy correction within a larger uptrend