BTC MomentumBTC / USDC PERPETUAL CONTRACTCOINBASE:BTCUSDC.PTRW300On the weekly time frame, there is a long lower wick, showing strong rejection from lower prices. Zooming into the daily time frame, the overall structure still looks bullish and remains in an uptrend, but this week’s momentum is starting to look bearish. The bands appear close to flipping red on the daily, and the daily FVG has already been mitigated, with price breaking below the bottom of the gap. The daily swing low could potentially be tested, considering how close price currently is to those levels. Price may also begin showing signs of divergence over the coming days, which could lead to a deeper pullback within the overall uptrend.