bitcoin:native The structure is becoming increasingly clear. Bitcoin has once again approached the previous major high at 82.84K and so far, it has failed to break and establish acceptance above it. That matters. As long as this previous high remains intact, I would not treat the current move as confirmed continuation. On the lower timeframe, we can clearly identify a potential 5-wave structure. The key question now is whether wave 5 has already completed. Two scenarios remain valid: Scenario 1 — 5th wave completed 82.8K → rejection → loss of structure → ABC correction. Scenario 2 — 5th wave still developing Current reaction → another push above 82.8K → liquidity sweep → rejection → ABC correction. The second scenario is especially important not to ignore. Bitcoin has already shown that it can push into obvious resistance and liquidate early shorts before making the larger move. That is why simply shorting because price reached the previous high is not a strategy I would favor. The market needs confirmation. For me, the key filter is simple: 82.84K breaks and holds with acceptance → bullish continuation becomes increasingly valid. 82.84K rejects and price loses the internal structure → the completed 5-wave scenario gains strength. Until then, I see this as a major decision zone rather than a confirmed breakout. The broader roadmap remains: 5-wave structure → potential completion → ABC correction. But if wave 5 still has one more expansion left, the market may first take the liquidity above the previous high. Price will decide. Not conviction. Not narratives. Structure. NOT FINANCIAL ADVICE