$BTC

BTCUSDT

Perp

89,820

-0.27%

is once again heading towards the lower bounds for another test of the trend line.

The structure can be interpreted in several ways: bear flag, ascending wedge within a downward trend, but all readings point to the same conclusion: a bear continuation setup.

Context is important. The price has dropped sharply from above $106,000 to around $81,000, forming a clear flagpole. That movement defines the bias.

Will the second scenario play out? Given the prevailing trend, it remains the most likely outcome.

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