BTC Bearish Trend Remains Intact — No Reversal Confirmation Yet

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BTC Bearish Trend Remains Intact — No Reversal Confirmation YetBitcoin / TetherUSBINANCE:BTCUSDTCRYPTO_HUUNTERFor the current downtrend to continue, Bitcoin must not close above $63,697. So far, I don't see any meaningful signs of bearish weakness. Each bearish leg has been roughly the same size, suggesting that sellers are still in control and the overall downtrend remains healthy. 📉 Short Setup Short Trigger: $62,474 As long as the bearish structure remains intact, this is the level I'm watching for the next short opportunity. 📈 Long Setup For now, I prefer to stay patient on the long side. Before considering any long positions, I want to see a confirmed trend reversal on the 4-hour timeframe, which means: A higher high Followed by a higher low Until Bitcoin establishes that bullish market structure, I have no interest in opening long positions. At this stage, the broader trend is still bearish, and I prefer to trade in the direction of the prevailing momentum rather than anticipate a reversal.