Sell-Side Dominance Remains, But CounterBitcoin / TetherUSBINANCE:BTCUSDTTrader_GeminiSummary: BTC is still sell-side dominant in my view. The long-term, mid-term, and even short-term structures still favor the short side. However, this does not mean a short-term counter-trend bounce cannot develop from the current area. The key point is that any bounce should be treated as a potential retracement inside a broader bearish structure, not as a confirmed bottom or major trend reversal. Market structure: The broader structure remains weak. BTC has been trending lower since May, and the current price action has not yet confirmed a meaningful bullish reversal. At the same time, several lower timeframes are showing divergence, and from a wave perspective, the decline from May may need at least a minimum retracement. This creates room for a short-term counter-trend bounce. Key levels: For a short-term bounce structure to become more constructive, BTC needs to break the white trendline first. After that, the next important condition is a break above the golden downtrend line. If both trendlines are broken with strength, the next area to watch would be the red horizontal resistance. Scenario: The short-term bullish path would be: 1. Break the white trendline 2. Break the golden downtrend line 3. Move toward the red horizontal resistance If this process develops, it would be a positive short-term bounce signal. However, that would still not confirm a major bottom by itself. Risk point: If BTC fails to break these trendlines and gets rejected again, the sell-side structure remains in control. In that case, the move should still be viewed as part of the broader bearish structure. Conclusion: A counter-trend long setup can exist here, but it should not be confused with a confirmed trend reversal. The market is still sell-side dominant until the structure proves otherwise. This is a market structure analysis, not financial advice.