The Elephant Jungle 6/23/26 Page 3BTCUSDT Perpetual ContractBYBIT:BTCUSDT.PRedElephant420As of right now, it looks like if the Bulls can catch a rally from this Local VAL, they have a chance to fill the 3D Fair Value Gap and make a run toward the Golden Pocket, which is confluent with the 1D Order Block. If they really start building momentum, they could even push all the way to the 786 Silver Pocket, which lines up with the Macro VAL and another 1D Order Block. I have to give the Bears some credit. They did not make it easy for the Bulls to stage a comeback. A rejection from either one of those 1D Order Blocks could create a classic Wyckoff Model 2 Distribution setup. If Wyckoff is not your thing, just think of it as a Head and Shoulders pattern. Either way, that would be bad news for the Bulls and could give the Bears another opportunity to drive price lower. On the flip side, the Bulls are not out of the fight just yet. Waiting below the Macro Range, and the Current Range Low, sits a 3 Day Order Block that lines up perfectly with the Anchored VWAP Zone I pointed out earlier. That gives the Bulls one more area where buyers could step in and defend price. The battle is far from over. The Bears have the momentum. The Bulls still have support. Now we wait to see who throws the next punch.