I just noticed Bitcoin testing the support level again while the weekly RSI has already dropped into the oversold zone. It seems like a familiar setup from previous cycles - every time the RSI is in this position, there’s usually a decent recovery. But what’s interesting is that the support and resistance levels are now clearly formed around the liquidity order block area with high activity.

Last week, there was a positive movement from ETF flows - about 11.8K inflow after three consecutive weeks of outflows. That’s a signal worth watching because institutional money usually starts to enter when there’s confluence like this. Liquidity was concentrated in the $67-68K zone earlier, with some traders watching for a breakout around the $67K level. If BTC can break through, the next target is higher.

Right now, the market is still range-bound, with traders holding positions while waiting for clarity. There are a few possibilities - either a bounce from support or rejection and a move downward again. But with the RSI oversold and ETF flows starting to turn positive, this setup has the potential to continue being monitored. The key now is to see whether this order block and support level can hold or not.