The market respected $70K for a year and now that it’s gone, pretending nothing changed is pure delusion. This is literally the scenario I warned about playing out. We lost that $70K–$71K weekly band and now we’re not just wicking it we’re closing below it. As long as $BTC is below that grey shelf, the next major target is the $60K then $53K zone (yellow line) before you even start talking about a proper recovery. The only way this flips is simple, reclaim $70.8K and HOLD it on a weekly close (not an intraday spike). If we can do that, it turns into a shakeout and we can rotate back up toward the mid-$70Ks / $80Ks. If we can’t, you should assume more chop and lower lows first. When I do these breakdowns I always give you the thesis AND the invalidation. And some of you are still not following smh