The Elephant Jungle 8/14/26 Page 2

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The Elephant Jungle 8/14/26 Page 2BTCUSDT Perpetual ContractBYBIT:BTCUSDT.PRedElephant420Wednesday, we were looking to take a short from the 4H Order Block down to the 6H Order Block, and just like we planned, we got the rejection from the 4H Order Block and were able to ride it all the way down to the 6H Order Block. Now, the 6H Order Block gave us a quick bounce, but the Bears are back and coming for another attempt to take it out and make their way down toward the Macro VAL. But will they actually succeed? It is not going to be easy, because the Naked Point of Control is still chillin like a villain right inside the 6H Order Block, and that could give the Bulls the support they need to put up another fight. So, while the Bears are back in control, it is not quite over for the Bulls just yet. The Bears still have a wall to break, and the Bulls still have one more level to defend.