105-110kBitcoin / US DollarCOINBASE:BTCUSDbibszThe weekly is speaking a lot here. • Price has stopped at the last medium-term support that previously gave the push (HH) toward 120k. • The move down from 120k is still a retracement in structural terms, but it does not look ready yet. > Supply & Absorption< Supply still needs to be absorbed. The quantity sold during the drop was meaningful. What's up now • For 5 days, every small wave of demand has failed to push price up. This suggests supply is still active, and bigger buyers are not ready to step in aggressively at these levels yet. • The monthly also supports this idea — there is still supply from the last months that needs to be sponged. - There are some signs of a stop on the drop, but it’s still cooking. Buying too early means: Accepting drawdown or getting stuck in consolidation. Being in a position without needing to is something that should be avoided. 🎯 Entry Scenarios (Two Options to Hunt) Option 1 – Retest Buy Buy around 80k–75k Only on a retest with clear signs of holding Option 2 – Strength Buy Buy on a break to the upside around 90k–92k Only on signs of holding + strength Regarding a bullish bias, it's that simple. ✅ Conclusion This is shaping up well for patient people who are willing to: Wait for confirmation to enter on strength & market conditions that holds, not hope. The opportunity looks good — timing + quality matters.