This spot requires waiting for a full battle between bulls and bears to confirm the final direction. During yesterday afternoon and evening's live stream in the community, I mentioned that subjectively, it looks bearish, but objectively, we need to wait for signal validation. The bearish view isn’t entirely subjective either— it’s just that there’s some divergence at the current level. We need to wait for further signal validation, just focus on the hourly chart here. If the hourly chart can form a recognizable structural signal at the upper boundary of this daily channel, then we can likely determine the final direction. $BTC