lower highs and lower lowsBTCUSD Perpetual ContractBYBIT:BTCUSD.Pblockchaindomain719Its been a bit since I posted some technical analysis but I wanna be more consistent.. so here we go.. My broader bias remains tilted to the downside, with the key objective being a sweep of the low around 111,842. Any rallies from this bullish divergence printing should be approached cautiously, as the structure is still producing lower highs and lower lows. If price does push higher, the next major area of interest sits between 114,786 – 116,000, where several confluences line up: the Fibonacci retracement, the developing/naked POC, and the Value Area Low. This zone will be critical for monitoring potential rejection or continuation to the upside..