I just saw Bitcoin testing familiar support levels again this week. The weekly chart shows RSI has entered the oversold zone again, similar to previous patterns that are usually followed by a recovery. But this time, traders are more cautious, not immediately assuming a bullish move.

What's interesting is that an order block and liquidity zone have formed in the $67K-$68K range. From the liquidation map, it appears that a bounce to $1928374656574.84T could trigger around $20.5 million in short position liquidations. That level is worth watching because it could be a trigger for a breakout from this compression.

Positive news also comes from ETF flows. After three weeks of red, at the end of February there was an inflow of $801 million, which shifted sentiment. This inflow, combined with the oversold technical setup, makes some traders optimistic about an upward move.

Because now BTC is at $77K, the old levels have already been surpassed. But the structure is still relevant for tracking dynamic support and resistance that continue to evolve. Keep watching order block formations at new levels for entry signals.