BTCUSD on the H1 chart is in a clear downtrend, with recent highs around 71160 and lows falling to the mid‑69000s. The latest candles show a series of lower closes and a significant bearish candle at 07:00 UTC (close 70151) that confirms the swing‑low. Volume spikes around 16,000 during the 07:00–08:00 window reinforce the strength of the downward move, suggesting institutional selling pressure. The price has broken above the 70700 resistance level, making a short entry logical. A stop‑loss near 71674 protects against a brief rally, while the target at 68535 aligns with the previous swing‑low, offering a 2:1 risk‑reward…

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