$BTW Continue to stay bearish. The market is all waiting for a rebound, but I think this rebound could just be a bull trap.

The upper rejection zone is still valid. The short-term bearish trend on the 4-hour timeframe is still in place. The daily range has been moving very tightly—there are clear reactions around 0.07205 to 0.07279. The 15-minute RSI is around 45, with momentum leaning neutral; there’s still room for further downside. Also, short-term volume has confirmed that real sell orders are taking part.

For an entry, you can watch around 0.07205 to 0.07279, looking down to 0.06976 and possibly even lower. Don’t go too aggressive with the entry. Around 0.07596 above, be careful and focus on defense—manage risk properly.