BTC/USDT
1. Liquidity Purge: The price has taken liquidity at a high (marked by the "TS" or trendline liquidity).
2. Market Structure Shift (MSS): A change in trend direction is indicated by a breakdown in the structure.
3. Fair Value Gap (FVG): Price is expected to retrace to the 50% level of the FVG before continuing lower.
4. Target: The price is anticipated to drop toward the marked 1H Order Block (OB) around $95,400.
This is a short-term bearish setup following technical analysis principles.