📉 Bitcoin Still Showing Corrective Structure

From a structural view, Bitcoin still looks corrective, not a confirmed recovery. Price has struggled to reclaim key resistance, and momentum remains fragile.
If selling pressure builds, $60K becomes the key level. Losing it could expose another liquidity pocket below the current range, suggesting the short-term bottom isn’t in yet.
One longer-term scenario to watch: a deeper correction later in the cycle that could search for stronger support near $40K before stabilizing.
Unlike past tops, this cycle hasn’t seen extreme euphoria, which sometimes leaves markets vulnerable to a sharper reset.
Bottom line: Until structure shows clear strength and supply absorption, the correction may not be finished yet.
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