Surrealist5N1K ✨🏆✨🏆🍀#BitcoinBouncesBack #GateSquare$50KRedPacketGiveaway

📉 General Structure

We are currently in a net downward channel on the daily.

Lower high – lower low pattern remains intact.

The large blue trend line is still above the price → main trend is downward.

What we are doing now:
👉 Post-drop consolidation ( bear flag / falling wedge-like structure )

🔎 Current Zone ( Critical Area )
The current price:
Between 65,700 – 66,200
This zone:

Was support initially

Broke

Now being tested from below

This is technically a flip zone + small bearish order block.

Scenario 1️⃣ ( Most Likely – Trend Continues )
If:

There is no strong daily close above 66,500

Expectations:

64,300

62,100

Major OB at 60,000

Especially if it falls below 62,000, selling accelerates.
The current structure still:

Is not a reaction, but a consolidation within the decline.

Scenario 2️⃣ ( Reaction Scenario )
Clear area to be broken upward:
67,800 – 68,300
This zone:

Last breakdown point

Small supply zone

If this is broken with volume, target:

71,800

73,500

75,000

But remember:
This is only a reaction within the trend.
The main trend won’t change until a close above 75k.

📊 RSI Interpretation

RSI is around 36–37.

Not in oversold territory.

So, no “bottomed out” signal.

This is important.

On the daily, the trend is downward. As long as it stays below 66k, this structure is not a reaction, but a consolidation within the decline.
Breaking 68k is not reasonable without a strong long.
The main buying zone is between 62k–60k.