A new month has begun for $BTC. After five consecutive monthly red candles, we’ve finally closed a month in the green.

Bitcoin is still trading at a key resistance level around $68,000.
While sentiment is already turning increasingly bullish, price remains at resistance within a broader local downtrend.
Ongoing geopolitical tensions in the Middle East continue to add uncertainty to the market environment.
For now, it is premature to adopt a strongly bullish outlook.
As long as Bitcoin fails to reclaim the $68,000–$68,500 resistance, I expect further downside.