BTCUSDTBTCUSDT Perpetual Swap ContractOKX:BTCUSDT.PFeebackerThe week opens within the local balance. The test of the $77,300 NPOC is accompanied by buyer support and a volume spike, after which price returns back into the $77,275–79,875 VA. The Bid/Ask Ratio also continues to show a balanced structure: Ask imbalances are forming at structural highs, while Bid imbalances are present at local lows, with price holding those levels. At the moment, the asset is holding within the POC of the local balance, with the primary FTA being the . The nearest Sell-side liquidity is located at $79,950, while Bid liquidity sits at $76,100. The base case remains a rotation toward the upper boundary of the composite — VAH at $80,000, followed by an assessment of the reaction at that level. At the current levels, there is not enough confirmation for a short setup, so the priority remains on continuation of the rotation higher. For the long scenario to play out, I expect a test of the first support zone , followed by a recovery toward VAH. If price establishes below this support zone, it may proceed to reclaim liquidity around $76,663. From there, we will reassess the buyer's reaction and the potential for a re-entry into a long position.