The Elephant Jungle 7/3/26 Page 1BTCUSDT Perpetual ContractBYBIT:BTCUSDT.PRedElephant420The Bulls are back, well at least for the moment. After spending time on the outside looking in, the Bulls finally fought their way back into the Current Range and are now setting their sights on reclaiming the Local VAL. Yesterday, they finished the day with a rejection at the Local VAL, but today they are coming back with fresh energy for another attempt. Even if the Bulls manage to reclaim the Local VAL, the real battle is just beginning. Their next obstacle is the 1D Order Block, and to make things even more challenging, the 618 Golden Pocket is sitting right in the same area. That creates a major zone of resistance that will not be easy to break. If the Bulls want to take out that 1D Weak High, they are going to have to come out swinging. A rejection at the Local VAL is not exactly the confidence boost they were hoping for, and if the Bears defend this level again, the Bulls could find themselves right back where they started. The battle has officially begun, now it is time to see who has enough strength to take control.