The Elephant Jungle 4/10/26 Page 3

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The Elephant Jungle 4/10/26 Page 3BTCUSDT Perpetual ContractBYBIT:BTCUSDT.PRedElephant420Since the pump on Tuesday, price has been ranging in the Inside Range. And that actually tells us something. The Bulls might have more support than we first thought. Sitting right below, there is a 2H Order Block lining up clean with the Inside Range’s VAL. That gives the Bulls a bit of cushion. So even if they lose the Local VAH, they could dip into that 2H Order Block, find support, and catch a nice bounce back toward the top of the range. And if momentum really steps in, they could even break out and make a run for the 3H Order Block. That is the upside case. But let’s not get carried away. We are still sitting on the premium side of the bigger range, and that changes everything. Because just like we said before, the Bears can wake up at any moment. And when they do, they are probably not going to care about these demand zones. They can push price straight down to the Local POC like none of this even exists. That is the risk. So if you are thinking about longs, patience matters. Waiting for confirmation matters. And if you do catch a long, grab some profits quickly. Because in this kind of market, hesitation gets punished.