The Elephant Jungle 3/7/26 Page 1

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The Elephant Jungle 3/7/26 Page 1BTCUSDT Perpetual ContractBYBIT:BTCUSDT.PRedElephant420On Sunday, we talked about the Bulls trying to make a run for the 1D Order Block, but the 1H Supply Range was still an obstacle they had to get past, mainly because of the Naked Point of Control sitting right in that range. That meant the Bulls had to come with real strength if they wanted to push through that zone. We also said it might be a bit of a snore fest until the Monday Open, but there was still a chance something could pop off last minute. Well… that is exactly what happened. With just a couple of hours before the Monday Open, the Bulls woke up and made a run for the 1D Order Block. But as soon as price touched that nPOC, the Bears came out swinging and landed a clean haymaker that left the Bulls dazed and confused for about eight hours. It looked shaky… but not over. When the Ref got the count to nine, the Bulls got back up, shook it off, and powered straight through that nPOC like it was not even there, making another run toward the 1D Order Block. Around the London session, the bell rang and the Bulls took a step back to regroup. Then when the New York session kicked off, they came out aggressive again, making another run for the 1D Order Block after a clean backtest of the nPOC. Now it was getting serious. The Bulls were just about 28 bucks away from tapping into the 1D Order Block… and that is when the Bears stepped in again and landed a vicious uppercut, sending price dropping over 2100 bucks. OOOFF… heavy hit. Now the Bulls are trying to stay alive above the low of the Bear Flag, holding their ground and looking for another chance to fire back. So here is the question… With the Bulls up against the ropes, are they setting up the classic rope a dope… or are the Bears about to knock them clean out of the ring like the Bulls were Vitali Klitschko?