For now, my overall view on $BTC remains the same. The market is still clearly trading within a short-term downtrend, and I don’t see enough evidence yet to suggest that this structure has shifted.

Price continues to respect the descending channel and has once again failed to reclaim the $70,100 SMT resistance. This aligns well with the earlier reversal signals that formed on the H1 timeframe. That rejection is important — it confirms that sellers are still in control of momentum.

Because of this, any upside movement at this stage should be viewed as a technical rebound within a broader corrective phase, not as confirmation of a full trend reversal. The higher-timeframe context still leans bearish in the short term.

Right now, $BTC is trading in a zone where a short-term bounce could develop. However, when I drop down to lower timeframes such as M5, M15, and even H1, I don’t see a convincing bullish structure that would support an immediate expansion to the upside. The market simply hasn’t provided that confirmation yet.

Instead of forcing entries, I believe patience is the better strategy here.

My plan is to wait for price interaction around the 4H IFVG zone, where a more structured Long setup could potentially form. The current 4H pinbar may look attractive at first glance, but context is key — especially considering that a confirmed break and close below $67,500 would likely open the path toward lower H1 support levels.

At this point, I’m leaning toward a liquidity sweep scenario first.

With upcoming session volatility and macroeconomic data in play, price could still move lower to collect liquidity before attempting a cleaner recovery. These types of moves often reset positioning before a meaningful bounce develops.

Another factor worth watching is BTC.D, which is currently testing support on both the 4H and daily timeframes. If dominance reacts upward from this area, Bitcoin could see a corresponding relief move.

For now, my approach remains simple:

Observe the reaction.

Wait for structure.

Act only when confirmation appears

#BTC #azharali0155@