I’m eyeing this long with conviction.

A clean rejection from the 6-month downtrend was expected that alone doesn’t flip the structure bearish. If anything, it shows the market is still testing supply, not surrendering to it.

The weekend move? Pure headline-driven noise. We’ve seen it again and again fast panic, fast recovery. That kind of flush usually resets positioning, not trends.

What actually matters:

Coinbase Premium pushing to its highest level since the October peak that’s real demand showing up.

Funding staying negative market still leaning short while price holds. That’s fuel, not weakness.

Right now, nothing here screams downside continuation. If anything, it feels like quiet accumulation under the surface.

If price gives me $70K, I’m not hesitating that’s a level I’m willing to lean into aggressively.

Let’s see how the week opens… but this doesn’t feel bearish at all.