$BTC Bulls are still defending the macro wedge floor here, but this bounce needs to prove it can hold. The flush into support looks like a stop sweep, and now the market is trying to stabilize right on the broken-down area.

I’m watching whether price can accept back above this support zone instead of just fading under it. If buyers keep control here, the path back toward the upper wedge resistance stays open. If we get a clean hourly close back below the lower channel boundary, this long read starts to weaken fast.