July Montly OutlookBTCUSDT Perpetual ContractBYBIT:BTCUSDT.PsabinaGMAfter three more weekly closes, we are about to close June's monthly candle, and in my opinion, the best-case scenario from here is to finally print a weekly and monthly BOS. Building equal lows from here would be the least favorable scenario for a strong reversal. EQLs are major liquidity pools and tend to get revisited. I attached a screenshot of a pattern that I am currently considering if both the weekly and monthly charts print another BOS. Instead of acting as continuation candles, these BOS candles can sometimes mark reversal structures. The setup becomes even more compelling if daily divergences begin to appear. Ideally, IF July closes as a hammer. That would make August a strong candidate for a reversal month. For me, the bullish scenario begins once a daily bullish MSB is printed around the 67.3K area. That zone becomes highly attractive for long positions and could open the path toward a revisit of the Yearly Open. At the moment, the picture remains clear. Price, volume, and momentum remain aligned to the downside. Weakness is still present and has continued to provide excellent short opportunities around key mid timeframe zones. Based on the weekly and monthly charts, I marked the key zone-to-zone support and resistance areas. A move toward 50K remains possible. However, if price quickly reclaims 53.3K after reaching that area, I will be interested in positioning long for a potential August recovery. Monthly candles rarely trade through both extremes of the previous monthly candle. Therefore, if July sweeps June's low, I do not expect June's high around 74K to be revisited during July. A retest of that area becomes more likely in August if market conditions improve. For now, I continue to favor an accumulation and manipulation phase throughout the summer before a meaningful reversal develops.