Not only structurally, but also from a sentiment perspective bitcoin:native is screaming that it wants to push higher.

Basically every time this index drops below 20, it should be considered a strong buying opportunity because selling pressure is becoming exhausted.
For instance, in November we tapped 20 but bounced immediately and never managed to close below it until February. That's when we finally got a few weekly closes under 20, adding even more conviction to the bullish case. From there we bounced back to the neutral level of 50, the way I see it, the structure remains predominantly bearish while the index is below 50, once it reclaims and holds above 50 the bulls take control and buying pressure starts to dominate.
After rejecting the neutral 50 level at the May local top where I warned to take some profits, up to early June when we fallen back below 20 while BTC has continued making new lows, which only strengthens the argument that a hard bottom is forming.
So even here on the lower timeframe for example, I wouldn't buy at 27 because we're already above the key support zone even though everything is screaming that price wants to move back toward 50 or even 80+, if you're trying to buy the absolute bottom the highest probability entries have been below 20 because that's where bottoms tend to form from a sentiment standpoint.