For the current downtrend to continue, Bitcoin must not close above $63,697.

So far, I don't see any meaningful signs of bearish weakness. Each bearish leg has been roughly the same size, suggesting that sellers are still in control and the overall downtrend remains healthy.

📉 Short Setup
Short Trigger: $62,474

As long as the bearish structure remains intact, this is the level I'm watching for the next short opportunity.

📈 Long Setup

For now, I prefer to stay patient on the long side.

Before considering any long positions, I want to see a confirmed trend reversal on the 4-hour timeframe, which means:

A higher high
Followed by a higher low

Until Bitcoin establishes that bullish market structure, I have no interest in opening long positions.

At this stage, the broader trend is still bearish, and I prefer to trade in the direction of the prevailing momentum rather than anticipate a reversal.