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Weekend prices have halted the ceasefire memorandum impact and are rebounding, but as the price rebounds, open interest continues to decrease (shorts are closing rather than longs entering), and the premium index remains in persistent negative premium (the Americans are selling),
The weekly chart shows a pin bar, but as long as the price cannot break above 80K, the weekly and daily structures remain bearish. Watch 78.5K and 79.5K for potential short entries, with 80K as a stop-loss on a breakout,
Below, if the price breaks below 75K, it targets the bearish trend line around 72K, $BTC