Bitcoin $BTC is testing a critical structure level at $89,000.
Looking at the Cantillon Structure chart above, we can see why this zone is defending:
Liquidity Trap: We just printed a 'Liquidity Sweep' marker at the lows ($88,200). Historically, when we see an 'x' followed by a reclaim of the range, it signals a bear trap.
The AVWAP Check: Price is currently fighting to reclaim the Purple Institutional Mean. A close above $92,000 confirms the trend resumption.
The Trade Setup:
Bullish Confirmation: We need a 4H close above $90,500 to validate the trap.
Invalidation: A loss of the $88,000 sweep low invalidates the structure.
Institutional Note: While price structure looks supportive, traders should watch Volume Delta carefully here. If price rises but Delta remains negative (Divergence), this bounce is likely a fake-out.
