The previous rebound stopped abruptly at 72,000, with no strength at all. Instead, it broke down with volume when it hit the demand line of the structure. It’s starting to look a lot like the previous range. Let’s watch how it moves next week to see if it’s as weak as the last range. If it stays this weak, a major drop might be coming. Another factor to consider is the Nasdaq’s weekly oversold condition. Oversold at this level usually leads to a rebound for some correction. Not sure if it’ll rebound higher or just spike upward briefly, But it won’t reverse the Nasdaq’s original direction. This also affects $BTC in terms of how high the rebound might go. We’ll need to observe the correlation closely.