The Elephant Jungle 5/1/26 page 2BTCUSDT Perpetual ContractBYBIT:BTCUSDT.PRedElephant420The Bulls ran into the Bears before reaching 80.5k, and it looked like things were getting ugly for a second. But over these last few days, we have been seeing some buy back from the Bulls. They are not going down without a fight. Now the big question is simple, can the Bulls close the week with a strong close above the previous week’s candle and possible tap 80.5k, or are the Bears about to step in and shut it all down? Because if the Bears come in and take out last week’s candle with a swing fail, that could be an early signal that a bearish week is loading up. At the same time, let’s not forget, the Bulls definitely left behind some demand zones. And if price starts pulling back, those areas could be where they reload and make another push. Let’s drop down to the 1D time frame and really see what is going on under the hood.