Bitcoin has fallen below the $74,000 support area, and buyers are struggling to regain control near $74,500. The break below the $75,000-$78,000 demand zone increases the risk of a deeper correction, while the sequence of lower highs and lower lows weakens the bullish structure. A sustained close below $75,000 would put the ascending channel support near $73,000 in focus, with the $67,800-$69,800 demand zone exposed if that level breaks. Binance’s liquidation heatmap shows a concentration of potential long liquidations between $73,000 and $73,500, as well as short liquidations between $76,500 and $77,500. A recovery above $75,500-$77,000 would ease immediate downside pressure, but Bitcoin would need to break the $79,000-$82,000 resistance zone to confirm a more meaningful improvement.
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